This just in: Congress votes to do its job

house_floor

This just in: Congress votes to do its job

The deal Congress passed to avert default and fund the government for a few months also requires lawmakers to do what they, um, were elected to do: Sit down and negotiate over a budget.

What those negotiations — to be led by Senate Budget Chairman Patty Murray and House Budget Chairman Paul Ryan — can accomplish was not at all clear on Thursday.

Expectations for any large, long-range deal are decidedly low among budget experts and seasoned political analysts. And they’re not wildly optimistic that lawmakers will successfully deal with shorter-term budget decisions either.

“Because the deal does not address any of the underlying policy differences between the two parties, Washington will simply barrel toward a new set of deadlines no better prepared for compromise than it was this time around,” said Sean West, U.S. policy director for the Eurasia Group.

Full Story–>>http://finance.yahoo.com/news/just-congress-votes-job-111000911.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s