Congressional budget fight battles the clock

(CBS News) Unless Republicans and Democrats in Congress can reach a budget deal, the federal government could shut down on Friday.
So are lawmakers close to a deal? CBS News Congressional correspondent Nancy Cordes reports, it depends whom you ask.
Democrats are signaling a done deal; “We’ve agreed on a number,” Sen. Harry Reid said on CBS’ “Face the Nation” Sunday. But Republicans say, not so fast: “There is no number, and no agreement on a number,” House Speaker John Boehner said on Friday.Democrats contend that the two sides have settled on cutting $33 billion from the budget this fiscal year, which runs through the end of September, while Republicans want specific cuts identified before there’s an agreement.The biggest fight centers around major cuts House Republicans inserted in the s…

Leave a comment