Excerpt
SUMMARY: Avoiding provisions that sharply divide the two parties, budget negotiators reached a deal to fund the government for two years. Kwame Holman reports on reaction to the deal. Judy Woodruff talks to Steven Rattner of Willett Advisors, Douglas Holtz-Eakin of the American Action Forum and Romina Boccia of the Heritage Foundation.
JUDY WOODRUFF (Newshour): It may not be the legislative equivalent of peace in our time, but the budget deal announced last night provides, at the very least, a time-out for lawmakers battling over fiscal matters.
NewsHour congressional correspondent Kwame Holman sums up the agreement.
REP. PAUL RYAN, R-Wis.: By having a budget agreement that doesn't raise taxes, that does reduce the deficit and produces some certainty and prevents government shutdowns, we think is a good agreement.
KWAME HOLMAN: After weeks of negotiating with Democrats, House Budget Committee Chairman Paul Ryan had to sell the agreement to members of his own party this morning.
PAUL RYAN: We know that this budget agreement doesn't come close to achieving what we want to achieve on our ultimate fiscal goals. But, again, if we can get a step in the right direction, we're going to take that step. And that's why we're doing this.
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