US budget deal could prevent govt. shutdown in January

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December 16, 2013, 5:35 am
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(NECN/NBC News: Tracie Potts)- The architects of a new budget deal admit it may do little to erase the deficit, but they argue compromise is better than gridlock.

Democratic Senator Patty Murray of Washington said, “If we just sit in our corners and yell at each other and that's all we get rewarded for, we'll never get to those big discussions about tax reform."

Republican Rep. Paul Ryan of Wisconsin said, "You gotta, you know, crawl before you can walk before you can run."

The deal would shave $23 billion off the deficit over 10 years, just a fraction of what the U.S. is expected to overspend.

But it would prevent a government shutdown in January.

Republican Senator John McCain of Arizona said, "To shut down the government again I think is an unacceptable act to inflict on the American people."

There are concerns on both sides. Many long-term unemployed may no longer get checks. Democrats don't like that.

Some republicans don't want to shrink increases for veterans.

Democratic Senator Dick Durbin of Illinois said, "A handful of members of the Senate are vying for the Presidency in years to come and thinking about this vote in that context."

This may end up being a “take it or leave it” deal.

The House is already voted to approve it, and they're gone till next year.

That means if the Senate wants to make any changes this week, we're back at square one.

Tags: Senate, budget, deficit, House, government shutdown, shutdown, Tracie Potts
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