Washington (CNN) - Democratic Sen. Kent Conrad of North Dakota said the Republican-backed plan to avoid a government shut down is "acceptable," but that it is "not the way to go."
The continuing resolution that is currently funding the government expires March 4 and members of Congress are in negotiations to avoid a government shutdown. Most recently, leading Democrats appeared open to the Republican proposal that would include $4 billion in cuts and fund the government for an additional two weeks while a more permanent deal is worked out.
But when asked if the Republican plan was acceptable, the Senate Budget Committee chairman said, "It is acceptable to me to have four billion in savings in a two-week package." He added that the deal is "up for discussion and negotiation."
"I think that's clearly headed in the right direction," Conrad told CNN Chief Political Correspondent Candy Crowley. "Is that the end of the story? The way this town is, probably not, but we're getting close."
He also voiced support for the proposals issued by the president's deficit commission on which he served, saying everything - including entitlement programs - needs to be on the table.
"Be modest at the beginning but do something big over the 10 years," Conrad said. "Don't try to balance this on 12 percent of the budget. Be comprehensive."
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Since it's been verified there's no oil shortage, who is getting the extra money now costing us for a gal. of gas? Yes, it's a form of rationing, but not really, someone is making money. I wish Candy wouldn't dance around the obvious, go straight to the crux of the matter. Our gas price has jumped 20 cents in one week, where is that money going? I think we know the answer, but I want CNN to ask the question on the air and don't let them squirm out of the truth. Which is probably Greed. It's a capitalist society, the greedy get greedier and the rest of us pay.
"I think there should be a longer term agreement, hopefully through the end of the year."
It won’t happen soon
First Republicans don’t have plan how to reduce deficit second they don’t have real majority in the house. ( Tea party has real majority they control the house now)
If the shutdown god forbid should happen, the economy will go back to square one. Even worse than what Bush handed over to his successor!
As has been mentioned many times.....Obama never really worked a real job, or had to balance a business budget (EVER)-what would make people think that he is competent/credible in regard to passing a budget or managing the economy of the entire country? And, in regard to his foreign policy-we have to wait until he finishes reading "Foreign Policy for Dummies". The 2012 elections cannot get here fast enough-so that the incompetent, clueless, corrupt, fraud and liar is thrown out of the White House.
I never thought that I would think that the US Congress and Senate were guilty of discrimination, but all of you are. It is unjust and unfair for so many unemployed citizens to receive 99 weeks of unemployment benefits and others only get 50 weeks. There are no jobs on MAIN Street in the US. The fault lies with Wall Street, US government and large corporation. Our economic malt-down is not the fault of working Americans.