Aug. 23, 2014 SIGN IN | REGISTER

‘Gang of Six’ Collapses on Itself

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“Any successful plan to reduce the deficit and eliminate our debt is going to have to involve revenue increases and spending reductions,” the Louisiana lawmaker said. “Sen. Conrad’s plan is very interesting to me because it includes all of the above.”

Landrieu said Democrats should move ahead on the budget. “Leadership is not just saying no; leadership is about finding compromise,” she said.

Other moderate Democrats up in 2012 — Sens. Claire McCaskill (Mo.) and Joe Manchin (W.Va.) — also said Tuesday they could support a tax on millionaires in the Democratic budget.

Conrad is seeking to cut the deficit by $4 trillion over 10 years, but his plan relies much more on tax hikes than the group’s plan.

Key factions in the Democratic caucus, however, have yet to rally behind any single plan, which Reid alluded to while speaking to reporters after Tuesday’s lunch.

“We have a number of moving targets, and [there’s] nothing wrong with that,” the Nevada Democrat said, referencing the gang of six, Conrad’s budget and the Biden talks.

“Every one of the people involved in those meetings say we’re making progress,” Reid said.

Coburn pulled out of the group shortly thereafter.

Jessica Brady contributed to this report.

Editor's Note:

This article updates the print version to include Sen. Dick Durbin’s comments that the remaining five members of the “gang of six” will meet Wednesday.

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