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September 18th, 2012
08:40 PM ET

Down payment and punt on the fiscal cliff

A bipartisan group of Senators, known as the Gang of Eight, are trying to hammer out a $55 billion debt down payment. The idea's to give Congress an additional six months before those $1.2 trillion spending cuts take effect at the end of the year.

OutFront tonight: Senator Kent Conrad (D-ND). He's a member of the gang of eight and chairman of the Senate budget committee.
Filed under: 2012 Election • Congress • News • Politics • Sequestration
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