Senate Budget Committee Chairman Kent Conrad (D-ND) “worries that he and the other members of a bipartisan group negotiating a deficit reduction plan may have wasted their time, though he doesn’t think they have,” POLITICO reports.
“I certainly hope this leads to a result because otherwise, I’m going to have wasted five years of my life,” the North Dakota Democrat said of the ongoing efforts of the Gang of Six in an interview with ABC News released Thursday.
“I would not have spent hundreds and hundreds and hundreds of hours of my time if I didn’t think there was a realistic prospect” that Congress will be able to work out a plan toward reducing the federal deficit, Conrad said. “If it doesn’t happen this year, it’s not gonna happen next year, so it’s really got to happen now.”
The group — which also includes Democratic Sens. Mark Warner of Virginia and Dick Durbin of Illinois and Republican Sens. Saxby Chambliss of Georgia, Tom Coburn of Oklahoma and Mike Crapo of Idaho — has been quietly working for months to formulate a spending plan that would satisfy both parties.