Right Now, Any Budget Deal Would Be Grand: Bixby

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Dec. 2 (Bloomberg) -- Robert Bixby, executive director of the Concord Coalition, comments on the U.S. budget negotiations. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Bob joins us now from washington.

You heard what bill mattingly said a bout a small bargain.

Is that what you think is going to happen?

Right now, any bargain would be wonderful.

If they could agree on anything, that would be a step toward.

The outline people are talking about is a very small deal, but i guess it is the best that we can hope for.

What has happened?

Or what has changed since the last shutdown?

Have congressmen and congresswomen decided that they cannot afford the negative publicity since the shutdown?

Not a lot has changed him apparently.

They gave themselves until january to see if they could reach a deal before the government which it down again.

There's nothing to say they will not run into another shutdown in january.

It is just as difficult to do a small deal as a. it is just that you get a lot less done.

I would prefer that they go back and focus on the big deal.

This is a very inside the congress sort of a thing.

I think the president will put forward a budget in february again.

He will certainly have something to say about that.

This really appears to be something of a back-and-forth between congressional leaders.

One of the things that was described was the cuts that could be implemented or the increases, for example increases in the amount of money that federal workers would have to provide for their own retirement that if it's. is any of this really strategic change in the way that the government operates?

No.

this is really digging low hanging fruit -- paickiicking low hanging fruit.

At this is really at the margins.

It is not getting on our road problems.

They are not talking about health care.

They are not taught about revenues.

They are not talking about entitlements.

Why are they not talking about it?

Is it an unwillingness to face these difficult problems?

Is it because they are looking forward to the elections?

Both.

They would have to confront things that neither party really wants to confront.

Politicians drawback.

You will have to have reform.

You will have to have some increased revenues, probably in the form of loophole closings.

But they don't want to make those compromises before the election.

They are just treading water right now.

What is your coalition telling your members?

What are you telling the people following your organization?

What should they be doing?

We are not going to come up with some huge grand argan in the next few weeks.

I think it is important that the system works.

And i think it is important for them to come to some sort of an agreement, even if it is not the

This text has been automatically generated. It may not be 100% accurate.

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