Congressional budget talks at critical point

Congressional budget talks at critical point

Congressional budget talks at critical pointWashington (CNN) – Congressional budget talks have entered a pivotal phase with some lawmakers working to lower expectations. But the two top negotiators and their staff have outlined how a possible deal, if they agree on one, could get through the House and Senate.

House Budget Committee Chairman Paul Ryan, R-Wisconsin, and Senate Budget Committee Chairman Patty Murray, D-Washington, are leading a conference committee convened to work out differences between House and Senate budget resolutions.

The marquee issue is more forced spending cuts, or sequester, set to take effect in mid-January.

The committee has until December 13 to agree on spending levels and how to tackle the sweeping cuts that would total $110 billion. Continue reading “Congressional budget talks at critical point”

Congressional budget talks at critical point

Congressional budget talks at critical point

Posted by

Congressional budget talks at critical point

Washington (CNN) – Congressional budget talks have entered a pivotal phase with some lawmakers working to lower expectations. But the two top negotiators and their staff have outlined how a possible deal, if they agree on one, could get through the House and Senate.

House Budget Committee Chairman Paul Ryan, R-Wisconsin, and Senate Budget Committee Chairman Patty Murray, D-Washington, are leading a conference committee convened to work out differences between House and Senate budget resolutions.

The marquee issue is more forced spending cuts, or sequester, set to take effect in mid-January.

The committee has until December 13 to agree on spending levels and how to tackle the sweeping cuts that would total $110 billion. Continue reading “Congressional budget talks at critical point”

Optimism Persists for Budget Deal. Is It Real?

Optimism Persists for Budget Deal. Is It Real?

Senate Budget Committee Chairwoman Patty Murray, D-Wash., the cochair of the conference committee, returned to Washington Tuesday even with the Senate still in recess.
Senate Budget Committee Chairwoman Patty Murray, D-Wash., the cochair of the conference committee, returned to Washington Tuesday even with the Senate still in recess. Carolyn Kaster/AP file photo

With just 10 days before the budget conference committee must report its recommendations to Congress, signs of movement in the ongoing negotiations are appearing in the halls of the Capitol.

Senate Budget Committee Chairwoman Patty Murray, D-Wash., the cochair of the conference committee, returned to Washington Tuesday even with the Senate still in recess, an indication that the talks are ramping up ahead of the committee’s Dec. 13 deadline.

Murray is frequently reaching out to other Democratic conferees. She spoke with House Budget Committee ranking member Chris Van Hollen, D-Md., on Monday night and planned to speak with him again Tuesday night or Wednesday, Van Hollen said.

Continue reading “Optimism Persists for Budget Deal. Is It Real?”

Will Ryan cut a deal?

By Erik Wasson – 10/23/13 06:00 AM ET

 

 

Washington is wondering: Will Rep. Paul Ryan (R-Wis.) cut a deal? 

Ryan faces a crucial moment in his political career as the formal House-Senate budget conference gets underway.

Those who want to see a deal — a group that includes deficit hawks, appropriators, defense and farm lobbyists — say the popular House Budget Committee chairman can bargain. 

They argue that if anyone could sell a compromise to the restive House GOP, it is Ryan, and say there is enough wiggle room to do a deal. Continue reading “Will Ryan cut a deal?”