Budget Panel Members Clash on Raising Revenue in Talks

Democrats and Republicans clashed over reducing the U.S. debt by raising revenue as the first meeting of a bipartisan budget panel today revived the same disputes that have scuttled previous congressional efforts.

Republican Representative Paul Ryan said using the talks as way to raise taxes will doom the process as Democratic Senator Patty Murray said replacing automatic spending cuts with a short-term budget must include ending some tax breaks. Any agreement that trims Social Security and Medicare benefits must be tied to added revenue, she said.