November 26, 2014

U.S. Hill Budget Chiefs Seem Focused On Modest Fiscal Accord

House, Senate Budget Chiefs Appear Focused On Narrow Deal To Replace Some of the Sequester; Budget Experts See Little Hope For Broad Fiscal Deal Until After '14 Midterm Elections
November 25, 2013
Market News International (MNI)

Excerpt

"It's hard to be very encouraged about the prospect of an agreement that changes the long-term budget picture until after the midterms in 2014. At this point, the key negotiators seem mostly focused on avoiding a crisis," said Robert Bixby, executive director of the Concord Coalition.  He added, "I can envision a minimalist agreement that comes up with some budget savings by doing limited things: increasing aviation fees, increasing some user fees, doing some asset sales, and doing the spectrum auction."