Friday, December 13, 2013

The Last . . .


. . . person to give credit to the current U.S. Senate, would be ME . . .

. . . but . . .

Signs of progress began to emerge in U.S. budget talks on last Tuesday, as top Senate Democratic negotiator Patty Murray said that she sees a path toward an agreement to ease automatic "sequester" spending cuts.

Murray, asked if there was now a path forward in her talks with her counterpart, Republican Representative Paul Ryan, said: "I believe there is."

The lawmakers are racing against a December 13 deadline for a deal, as Republican resistance to including new tax revenues continued to be a sticking point, according to a Democrat on the negotiating committee headed by Murray and Ryan.

House and Senate negotiators were putting the finishing touches Sunday on what would be the first successful budget accord since 2011, when the battle over a soaring national debt first paralyzed Washington.

The deal expected to be sealed this week on Capitol Hill would not significantly reduce the debt, now $17.3 trillion and rising. It would not close corporate tax loopholes or reform expensive health-care and retirement programs. It would not even fully replace sharp spending cuts known as the sequester, the negotiators’ primary target.
(thanks to Reuters and the Washington Post)






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