Wednesday, October 30, 2013

A Mini-Bargain? Path Emerges In Congress For Budget Deal

A Mini-Bargain? Path Emerges In Congress For Budget Deal

When the big, bipartisan budget committee kicks off with its first meeting Wednesday, conferees will be given a daunting task: bridge the chasm that has divided Congress for years and left the country lurching from one crisis to the next.

The prospects for a comprehensive agreement -- or a "grand bargain" -- are virtually nonexistent. Republicans won't touch tax revenues and Democrats won't agree to cut Social Security or Medicare without significant new revenues.

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