"Democrats on the Budget Committee are very close to an agreement. We will have a budget. But, after broad consultation, we have decided to defer a budget mark-up because of the high-level bipartisan leadership negotiations that are currently underway. The results of those negotiations may need to be included in a budget resolution that would be offered in the weeks ahead. That was the case for both the 1990 and 1997 deficit reduction plans, where a budget resolution and accompanying reconciliation process were used to implement the agreements."

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Contact: Stu Nagurka (202) 224-7436
Steve Posner (202) 224-7925