By Erik Wasson - 10/31/13 01:43 PM EDT
The budget conference committee met for the first time on Wednesday, and its leaders immediately clashed over the old issue of taxes.
Senate Budget Committee Chairwoman Patty MurrayPatty MurrayOvernight Healthcare: Medicare fight looms on Capitol Hill Senate GOP hardening stance against emergency funding for Zika Overnight Healthcare: More trouble for Zika funding MORE (D-Wash.) said Republicans must agree to close “tax loopholes” as part of any deal to replace automatic spending cuts known as the sequester.
House Budget Committee Chairman Paul RyanPaul Ryan‘It’s a King Kong vs. Godzilla kind of race’ Boehner returns to the spotlight Pelosi’s big Puerto Rico problem MORE (R-Wis.) responded, “if this conference becomes an argument about taxes, we’re not going to get anywhere.”
The clash between Ryan and Murray, and the lack of urgency suggested by the decision to not meet until after a congressional recess, could justify outside expectations that the conference committee members are unlikely to reach a deal on their own.
Murray insisted she’s willing to agree to some “tough spending cuts” that, unlike the sequester, which would end in 2022, would be “permanently locked into law.”
But she said a compromise would have to run both ways, meaning Republicans would have to give ground on higher taxes.