Rep. Ryan: Budget Panel 'Talking About Differences' as New Shutdown Looms

Image: Rep. Ryan: Budget Panel 'Talking About Differences' as New Shutdown Looms

Wednesday, 13 Nov 2013 10:09 PM

By Cynthia Fagen

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The bipartisan budget conference committee has made little progress on a long-term budget deal to help avoid a second government shutdown, ABC News reported Wednesday.

During the group's second meeting, House Budget Chairman Paul Ryan, R-Wis., and Senate Budget Chairwoman Patty Murray, D-Wash., acknowledged that both sides have differences of opinion on how to deal with the budget issue.

"Today's meeting will keep the ball rolling," Ryan said Wednesday. "The reason we are here is to get an agreement. We've spent a lot of time talking about our differences. We've got that part down cold. That's the easy part. The hard part is figuring out where we agree."

"It is extremely important, and we agree that we need to step out of our partisan corners and make some compromises to lay down a foundation for some long-term bipartisan agreements," Murray said.

On Wednesday, the group of 29 lawmakers was briefed by Congressional Budget Office Director Doug Elmendorf, who addressed the long-term and short-term economic and budget outlook.

Elmendorf tackled the immediate challenges facing the country, such as the latest recession, which has led to slow job growth and higher unemployment rates among certain demographics.

Elmendorf also said prolonged weakness in the economy coupled with an aging population, the expansion of federal subsidies for health insurance, and rising healthcare costs also will place tremendous pressure on the budget in the long term.

He urged the committee to reach a deal and avoid the kind of standoff that triggered a partial two-week government shutdown last month.

"Big steps are better than small steps, but small steps are better than no steps at all," Elmendorf said.

As part of the agreement to reopen the government and temporarily suspend the debt ceiling, the committee faces a Dec. 13 deadline to come to a budget deal.

Rep. Nita Lowey, D-N.Y., top Democrat on the House Appropriations Committee, warned committee members that time was running out.

"This conference committee must be successful in reaching agreements on a funding level for fiscal year 2014 with enough time for bills to pass before Jan. 15," she said.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Texas Officials: 80 People May Have Been Exposed to Ebola Patient

Thursday, 02 Oct 2014 07:57 AM

Texas health officials on Thursday said as many as 80 people were in contact with the Dallas Ebola patient at some point . . .

Parents Fearing Ebola Pull Kids from School

Thursday, 02 Oct 2014 08:29 AM

Dallas parents are pulling their children from school amid fears of exposure to Ebola after five children are believed t . . .

Ret. Gen. John Allen: ISIS Defeat 'Could Take Years'

Thursday, 02 Oct 2014 08:21 AM

The retired marine general who will lead the international coalition against the Islamic State has warned that it could  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved