September 21, 2014

Capitol Hill Calls For Long-Term Deficit Deal Are Faint, Distant

House Minority Whip Steny Hoyer Is One of Few Hill Leaders Still Calling For a 'Big Deal;' Declining Deficits, Partisan Antipathy, No Pressing Deadlines Conspire Against a Deal
April 22, 2014
Market News International (MNI)

Excerpt

"A budget deal that merely agrees on 2015 appropriations leaves no plan for dealing with the structural forces driving up future deficits and debt. It leaves no sustainable vision for the future of mandatory spending and revenues. And that, it appears, is where things will stand at least through the 2014 elections," said Robert Bixby, executive director of The Concord Coalition, in a recent blog post. "Let's hope that one result of the elections will be a mandate to set aside partisan gridlock and get about the vital task of negotiating a fiscal sustainability plan," he added.