The Free Press, Mankato, MN

State, national news

October 25, 2013

Both sides agree: No major budget deal foreseen

GOP suggesting it is open to corporate revenue increases

(Continued)

"The reality is, you're going to have to have a deal here," Cole said, appearing on Bloomberg Television's "Political Capital with Al Hunt" airing Friday night. "And a deal means everybody gives something up."

In an interview Thursday with Nevada public radio station KNPR, Reid, the Senate majority leader, agreed that a large-scale grand bargain wasn't in the cards.

"They have their mind set on doing nothing, nothing more on revenue, and until they get off that kick, there's not going to be a grand bargain," Reid said. "We're just going to have to do something to work our way through sequestration."

Ryan, his party's vice presidential nominee a year ago, and Senate Budget Committee Chairwoman Patty Murray, D-Wash., are two of the key congressional figures in the talks. Both say they're seeking common ground between the sharply different Republican and Democratic budgets.

Common ground, however, is a much different concept than compromise. It involves finding ideas upon which they can agree rather than compromising principles such as Republican opposition to tax increases or the unwillingness by many Democrats to consider cutting future Social Security benefits by decreasing the annual cost-of-living adjustments.

Instead of a broad agreement encompassing tax hikes and structural curbs on the growth of benefit programs like Medicare and Medicaid, Ryan says he's seeking a "smaller, more achievable objective."

The talks, he said, also will focus on alleviating another upcoming round of automatic spending cuts and replacing them with longer-term cuts.

Sequestration mostly hits so-called discretionary spending, the money approved by Congress each year to run agency operations. Ryan wants to cut autopilot-like spending on entitlement programs like Medicare to ease sequestration's effects on both the Pentagon and domestic programs.

"I think we all agree that there's a smarter way to cut spending" than sequestration, Ryan said. "If I can reform entitlement programs where the savings compound annually ... that is more valuable for reducing the debt than a one-time spending cut in discretionary spending."

Text Only | Photo Reprints
State, national news
  • Poet takes his act to Las Vegas LAS VEGAS — The old poet is dressed in black, his platinum-blond hair rakishly moussed. He stands amid the hubbub, facing a stern test of his crafted words and carnival-barker delivery. The venue is a smoky lounge called Ichabod’s, east of the Strip.

    July 23, 2014

  • Minnesota race track to refund horse owners ST. PAUL, Minn. (AP) — A Minnesota race track manager says the track will refund horse owners after an audit found it shorted race purses by nearly $437,000 over four years. The St. Paul Pioneer Press reports (http://bit.ly/1p9mtEh ) the Running Aces

    July 23, 2014

  • Bodies of Malaysia jet victims leave Ukraine KHARKIV, Ukraine (AP) — Two military aircraft carrying the first bodies of victims of the Malaysia Airlines crash left the embattled plains of eastern Ukraine Wednesday, while British investigators began work on a pair of "black boxes" to retrieve da

    July 23, 2014

  • Attorney general sues 2 Minn. colleges ST. PAUL, Minn. (AP) — Minnesota's attorney general has filed a lawsuit against two colleges, accusing the schools of misleading criminal justice students about their ability to land a job in their field and about transferring credits to other instit

    July 22, 2014

  • sniper wife pic Jurors start considering Ventura case ST. PAUL — An attorney for Jesse Ventura asked a federal jury Tuesday to award the former Minnesota governor millions of dollars in damages for what he claimed is a lie in a memoir by the late military sniper Chris Kyle. Ventura testified during the

    July 22, 2014 2 Photos

  • Target debuts shopping app "In a Snap" will recognize images

    July 22, 2014

  • Feds to monitor Newark police Probe found pattern of unconstitutional policing

    July 22, 2014

  • Thousands without power due to storms MCGREGOR (AP) — Thousands of Minnesotans are without electricity after powerful storms moved through central and northeastern Minnesota. Strong winds of 50 to 70 mph knocked down trees and power lines overnight Monday. Minnesota Power and Lake Count

    July 22, 2014

  • Ellison urges Minn. to aid Central American minors ST. PAUL, Minn. (AP) — A Minnesota congressman is leading efforts to bring more unaccompanied children fleeing Central America to the state. But, immigration advocates and nonprofit groups that serve refugees are concerned Minnesota might not be abl

    July 22, 2014

  • Detroit retirees back pension cuts by a landslide DETROIT (AP) — A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest

    July 22, 2014