Fiscal 2011 Budget Talks Veer Off Track
After coming close over the weekend to reaching a deal to fund the federal government for the remainder of fiscal 2011, negotiations between House and Senate leaders appear to have stumbled again, at least temporarily.
The two sides reportedly had a tentative agreement to trim approximately $30 billion from current spending levels. House Republicans had demanded $61.5 billion in cuts, an amount Senate Democrats have resisted.
House Speaker John Boehner (R-Ohio) backed off from making a deal after the number two and three House Republican leaders cautioned him that tea party conservatives would overwhelmingly reject such a compromise, reported the National Journal. The discussions included representatives from the White House, as well as from the offices of Boehner and Senate Majority Leader Harry Reid (D-Nev.).
The outsized power wielded by tea party Republicans makes a compromise on a FY 2011 spending measure difficult at best, according to the National Journal. While a seventh continuing resolution is one option to keep the government running if lawmakers can’t reach a deal before the existing stopgap expires April 8, so is a government shutdown.