Saturday, May 21, 2011

Harry Reid: Democrats would be "foolish" to offer own budget plan

(LA Times) — Senate Majority Leader Harry Reid said it would be “foolish” for Democrats to propose their own federal budget for 2012, despite continued attacks from Republicans that the party is ducking its responsibility to put forward a solution to the nation’s deficit problems.

“There’s no need to have a Democratic budget in my opinion,” Reid said in an interview Thursday. “It would be foolish for us to do a budget at this stage.”

Democrats announced Thursday that they would decline to pursue a budget, preferring to await a resolution to various bipartisan budget efforts underway. Those include the White House talks — led by Vice President Joe Biden — with congressional leaders to strike an accord in exchange for raising the nation’s debt limit.

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