This is the Paul Ryan Budget-Patty Murray Budget Deal You’ve Been Waiting For

The big news in Washington last night was that
Rep. Paul Ryan, the Republican Chairman of the House Budget
Committee, announced a not-so-grand bargain budget deal with Sen.
Patty Murray, the top Democrat on the Senate Budget Committee.

Spending goes up a bit. The deficit goes down a bit less. There
are offsetting fee increases and targeted cuts in spending. The
deal would send more money to the Pentagon, and avert another
(partial) federal shutdown when the current continuing resolution
to fund the government expires—that is, if it eventually

Both Ryan and Murray are
predicting that it will
. Probably. But there will be some
conservative opposition to contend with. More precisely,
there already is

Republicans on the Hill are still familiarizing themselves with
the details, and they’ll no doubt find more than a few elements
they dislike. But they may learn to live with it anyway. As I heard
one GOP legislator describe it shortly after the announcement, the
deal is simulataneously not so great and likely the best deal that
Republicans can get. 

Judge for yourself; read the details after the jump. 

Budget Deal Summary

from Hit & Run

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