Thursday, October 31, 2013

POLITICS - Congressional Budget Committee First Formal Meeting

And in 'fat-chance' land....

"Budget committee begins to air differences on spending and taxes" PBS Newshour 10/30/2013


SUMMARY:  Since 2010, Congress has operated under continuing resolutions rather than one-term budgets.  As part of the solution that ended the shutdown, a bipartisan committee has begun talks to negotiate political differences on funding.  Judy Woodruff and NewsHour political editor Christina Bellantoni discuss prospects for compromise.

JUDY WOODRUFF (Newshour):  Today's talks between lawmakers from both chambers and parties marked the group's first formal meeting to negotiate differences on funding the government over the long term.

The conference committee was formed in the agreement ending the 16-day partial government shutdown.  Today's session served to underline that stark differences on taxes, spending and the debt remain.

For more, NewsHour political editor Christina Bellantoni joins me now.

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