By Geneva Sands - 11/07/11 05:45 PM EST
"We'll know by the deadline whether we're able to reach an agreement, which is what we're all working toward, but I don't think we should be asking for an extension. More time won't get us there. Unless we were really, really close, but, no we're not talking about an extension," Van Hollen said Monday on MSNBC’s "Morning Joe."
He emphasized that members are aware that "time is running out" for the bipartisan group if they want to reach an agreement by their Nov. 23 deadline and avoid the mandatory spending cuts that will be imposed if they don't reach a compromise deal for $1.5 trillion in savings over the next 10 years.
"This is a critical week coming up. The clock is ticking. We've got just a little over two weeks," said Van Hollen.
"I think every member understands time is running out, this is the moment to get it done if we're going to get it done," he added.
Van Hollen said that the two-week timeframe includes any final touches on an agreement.