Negotiators Looking For Only A Small Budget Deal - WSPA.com

Negotiators Looking For Only A Small Budget Deal

Posted: Updated:
Forget a grand bargain. Reaching even a small budget deal will be a challenge. Forget a grand bargain. Reaching even a small budget deal will be a challenge.
WASHINGTON -

Forget a grand bargain. Reaching even a small budget deal will be a challenge.

That's the early assessment from lawmakers and others as budget talks gear up in hopes of salvaging some agreement after this month's shutdown debacle and debt limit crisis.

Longstanding differences over taxes make a large-scale deal virtually impossible. Republicans say they won't agree to further taxes atop the 10-year, $600 billion-plus increase on upper-income earners that President Barack Obama and Democrats won in January. Without higher taxes, Democrats say they're unwilling to cut benefit programs like Medicare.

House Budget Committee Chairman Paul Ryan told The Associated Press on Thursday he's still hopeful the talks will produce a smaller deal, perhaps one that eases immediate automatic spending cuts in exchange for trimming the growth of benefit programs.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Top StoriesTop StoriesMore>>

  • Oconee Co. Deputies Investigating Suspected Homicide In Westminster

    Oconee Co. Deputies Investigating Suspected Homicide In Westminster

    Wednesday, July 30 2014 5:16 AM EDT2014-07-30 09:16:34 GMT
    Investigators along with the county coroner are working to determine a cause of death. Investigators along with the county coroner are working to determine a cause of death.

    Oconee County Sheriff’s deputies are investigating what they are now considering a homicide in Westminster after they found a 71 year old man dead in the Foxwood Hills Development on Tuesday.

    Oconee County Sheriff’s deputies are investigating what they are now considering a homicide in Westminster after they found a 71 year old man dead in the Foxwood Hills Development on Tuesday.

  • Body Found In Lake Hartwell ID'd To Be Missing Person

    Body Found In Lake Hartwell ID'd To Be Missing Person

    Wednesday, July 30 2014 5:02 AM EDT2014-07-30 09:02:44 GMT
    Courtesy: US Army Corps Of EngineersCourtesy: US Army Corps Of Engineers
    Clemson City Police are investigating after a body found in Lake Hartwell was identified as James Davis, a missing person from Clemson. 
    Clemson City Police are investigating after a body found in Lake Hartwell was identified as James Davis, a missing person from Clemson. 
  • Local Teen Heading to Grand Finale In Food Network Competition

    Local Teen Heading to Grand Finale In Food Network Competition

    Wednesday, July 30 2014 4:39 AM EDT2014-07-30 08:39:06 GMT
    Wren High School's Tommi Rae won the Food Network show, Chopped Teen Challenge, on Tuesday. She is now heading to the grand finale, which airs August 12th on Food Network.
    Wren High School's Tommi Rae won the Food Network show, Chopped Teen Challenge, on Tuesday. She is now heading to the grand finale, which airs August 12th on Food Network.
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.