Reid, Ryan agree: There will be no ‘grand bargain’ Staff
Posted: Oct 24, 2013 4:23 PM
The new House-Senate panel charged with crafting a long-term budget compromise is apparently aiming low, with leaders on both sides of the Capitol saying Thursday that there will be no so-called "grand bargain." House Budget Committee Chairman Paul Ryan (R-Wis.) who will lead the GOP side of negotiations, told Reuters on Thursday that he thinks talks should focus on something smaller. "If we focused on doing some big grand bargain, like those prior efforts you mention, then I don't think we'll be successful because we'll focus on our differences," Ryan said. "Each party will demand that the other compromises a core principle, and then we'll get nothing done."

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