THE HILL: Momentum appears to be building toward a grand compromise on reducing the budget deficit that could be based on recommendations from President Obama’s debt commission.
Senate Democrats will hear a pitch for using the debt commission’s proposals on Wednesday from their leading budget hawk, who is trying to hammer home the message that both ends of Pennsylvania Avenue must get serious about slashing the nation’s rising debt.
The presentation at the Senate Democratic retreat will come from Sen. Kent Conrad (N.D.), the chairman of the Senate Budget Committee, who dropped a reelection bid last month saying he feared it would distract him from fixing America’s fiscal condition… (more)