Gang of Six collapse: Winners and losers: Page 3 of 4

Gang of Six collapse: Winners and losers


Gang members Sens. Kent Conrad (D-N.D.) and Mark WarnerMark Robert WarnerOvernight Finance: Stocks fall hard | Trump sending delegation to China for trade talks | SEC fines Yahoo M over breach | Dodd-Frank rollback dominates banking conference Trump’s CIA pick facing brutal confirmation fight Rand's reversal advances Pompeo MORE (D-Va.): Conrad and Warner get A’s for effort and for tirelessly pushing their party to face the mounting debt. But the fact is, it has been an especially terrible week for Conrad, who saw six months of working to unite the Gang of Six, and separate attempts to move a Democratic budget resolution also had to be delayed. “He has got to be tearing his hair out,” one friend said. If the remaining Gang of Five can produce something and bolster the Biden talks with it, some damage could be repaired. Warner, like Conrad, is a key centrist who tried to hold the Gang together; in that primary mission both have appeared to fall short. 

While Warner is a freshman senator, Conrad will leave office next year. He had hoped to play a major role in attacking the nation’s record deficit.

Asked May 1 on “Fox News Sunday” about the Gang of Six plan, Conrad said, “If we don’t [release a plan soon], we’re simply not going to be relevant, because this debate marches on,” he said. It’s three weeks later, and Conrad now faces a challenge to remain relevant on this high-profile issue. 

Gang members Sens. Mike CrapoMichael (Mike) Dean CrapoLobbyist whose wife rented to Pruitt steps down Americans are set for relief from an Obama-era financial rule Watchdog files complaint GOP senator did not report fundraisers held at condo co-owned by lobbyist’s wife MORE (R-Idaho) and Saxby ChamblissClarence (Saxby) Saxby ChamblissLobbying World Former GOP senator: Let Dems engage on healthcare bill OPINION: Left-wing politics will be the demise of the Democratic Party MORE (R-Ga.): These senators are trying to keep the talks going, but with Coburn gone they are facing the brunt of conservative ire. Tripp Baird of Heritage Action said Crapo has been damaged the most and will be hurt more by sticking with the remaining group. Crapo has said there cannot be a Gang of Five deal and that Coburn has to be lured back for the talks to produce something. 

GOP 2012 presidential candidates: The failure of the Gang of Six, by ensuring a grand solution to the deficit is not achieved before 2012, also ensures the elections next year will be about the Ryan budget’s cuts to Medicare and Obama’s inability to tame the debt. Bob Bixby of The Concord Coalition pointed out that Mitt Romney, Tim Pawlenty and others will now face many questions about the Ryan plan, something popular in the primaries but possibly poisonous in the general election. Last week, Newt Gingrich stumbled badly when trying to explain his position on the Ryan plan. 

Click below to see how the participants fared: