- By Eric Katz; 3:24 PM ET
Congressional budget negotiators on Wednesday attempted to temper expectations for a big deal, and lawmakers dug in along party lines on the issue of continuing sequestration.
The bicameral budget conference committee, put into place as a condition of reopening the government after the recent 16-day shutdown, held its first official meeting Wednesday and each of the 29 members spoke on the need to reduce the federal deficit. While Democrats and Republicans largely disagreed on how to get there, they largely agreed on one idea: think small.
“I don’t think we’re going to do a grand bargain here,” said Sen. Rob Portman, R-Ohio. “Let’s at least do a good bargain for the American people.” Continue reading “Budget Negotiators Agree on One Thing: Avoiding Another Shutdown”