Reid tight-lipped over fiscal panel report

As Reid's statement shows, he has the difficult task of balancing the liberal and centrist elements of the Senate Democratic caucus, which have split over the fiscal commission report and the looming debate over the expiring Bush tax cuts that are expected to dominate next week's lame-duck session.

Senate Budget Committee Chairman Kent Conrad (D-N.D.), a key centrist, championed the report  Thursday, but liberal Sen. Bernie Sanders (I-Vt.) condemned it, saying it proposes draconian cuts to Social Security and could hurt the middle class.

Reid's counterpart in the House, outgoing Speaker Nancy Pelosi (D-Calif.) labeled the report "simply unacceptable."

Republican leaders have also taken heat from their base over the report's proposed tax hikes, and GOP lawmakers have generally been tight-lipped on its contents.

--Cross-posted from Blog Briefing Room.