Is a Federal Budget Deal on the Horizon?

Thursday, March 31, 2011

Today, as the Tea Party Patriots rally outside the Capitol Building, lawmakers might actually be close to a compromise on the federal budget. Members of the Senate Appropriations Committee met with their House counterparts last night to see if they could strike a deal to avoid a government shutdown. But the compromise in question would include $33 billion in cuts — $28 billion less than the budget Republicans passed in the House. How will the Tea Party react to a deal with Democrats? What are the implications for Speaker of the House John Boehner?

Takeaway Washington correspondent Todd Zwillich has the latest from the Capitol. We also hear from Congressman Steve King (R-IA) with his take on negotiating with Democrats — and what this means for the future of the Tea Party.

CLARIFICATION: Lisa Miller, Founder of Tea Party WDC, spoke via interview in this segment about opportunities to cut federal spending. Her comments reflect other opportunities to lower federal spending beyond the Fiscal 2011 continuing resolution. Some of those include the Fiscal 2012 budget and congressional negotiations on the debt limit.


Congressman Steve King and Todd Zwillich

Produced by:

Jillian Weinberger

Comments [3]

michelle from 80228

Those in Congress need to take a personal budget cut and only get paid minimal wage for a year. after all it has been the Congress that has approved overspending. Instead of asking the American people to sacrifice more, Congress needs to step up and so that they are for the people. Congress approved and made it easier for American businesses to move their companies out of America . How much money would be saved if Congress was paid only minimal wage.

Apr. 01 2011 09:29 AM
Joyce Frommer

John, I love The Takeaway and you usually ask such smart questions: how could you--in your dialog w/Cong. King this AM--use the term "Obamacare". Please! You know perfectly well that is a perjorative concoction by the right wing. It is health care reform. Frame, frame on you!

Mar. 31 2011 12:54 PM
Ace from East Coast

I will be happy with whatever budget is passed. We have been tightening our belts since 2008 and before - so, speaking for myself, I feel that we can handle whatever cuts we have to deal with -- whatever we have to deal with is much better than a furlough. We are all Americans and history proves that we can nobly work through our differences.

Mar. 31 2011 09:13 AM

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