Dec. 11 - House Republicans fall in line and are expected to vote as early as Thursday on a bi-partisan budget deal which could prevent DC from sinking back into dysfunction. Conway G. Gittens reports.
▲ Hide Transcript
▶ View Transcript
The DC budget train has left the station and appears to be moving full speed ahead.
House lawmakers could vote as early as Thursday on the two-year budget deal that could put a pause in Washington's acrimony and remove the threat of another government shutdown.
Republicans seem to be falling in line and House Majority Leader John Boehner had stern words for Conservative groups looking to cause trouble.
SOUNDBITE: HOUSE MAJORITY LEADER JOHN BOEHNER (REPUBLICAN) (ENGLISH) SAYING:
"They are using our members and they are using the American people for their own goals. This is ridiculous. Listen if you are for more deficit reduction, you are for this agreement."
But on the Senate side, Minority Leader Nancy Pelosi is upset the deal leaves out any extension of long-term unemployment benefits.
SOUNDBITE: HOUSE MINORITY LEADER NANCY PELOSI (DEMOCRAT) (ENGLISH) SAYING:
"It is absolutely unconscionable that we could possibly even consider leaving Washington, DC without extending those benefits."
The bi-partisan deal put on the table late Tuesday reduces the budget deficit by up to $23 billion over 10 years, that's only a fraction of the nation's economic output, but could go a long way in restoring Main Street's faith in the political process.
The Senate could vote next week.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code