Budget Standoff Continues On Capitol Hill

by David Welna, NPR
June 28, 2011

Budget deficit talks that broke down last week are now in the hands of President Obama and top senators — but remain mired in intransigence. At least three budget items arguably need to be on the table: revenue increases, entitlements and defense spending — but it's unclear any of them is. Minority Leader Mitch McConnell has declared "no new tax hikes." Two senators are introducing a Medicare savings bill that won't fly with Democrats, who win points by running against Rep. Paul Ryan's plan to "end Medicare as we know it." And defense cuts — even if small ones are achieved — are dicey for all.

Broadcast Dates