'Compromise has been a dirty word': Congressional negotiators reach two-year budget deal, but House conservatives could still scuttle it over $1 TRILLION price tag

• Conservative groups want to stick with the 'sequester' budget cuts instead of spending more in a deal with Democrats
• Rep. Paul Ryan and Sen. Patty Murray unveiled a bipartisan proposal Tuesday that would modestly trim the federal budget
• The resulting spending levels would still exceed $1 TRILLION per year
• Obama wants the compromise to succeed, calling it a 'balanced' approach, a code word usually referring to new sources of government revenue
• But Ryan insisted that there are 'no new taxes' baked into the cake of the deal

The last time a divided U.S. Congress passed a budget deal, President Ronald Reagan was denying he traded arms for Iranian hostages and the Space Shuttle Challenger explosion was fresh in Americans' minds. But a House Republican and a Democratic senator hope they've found a compromise that federal legislators can live with.

Washington state Democrat Patty Murray and Wisconsin Republican Paul Ryan announced a proposal late on Tuesday that Ryan said focuses 'on where the common ground is' between America's two political parties, a deal that would balance the federal budget ten years from now and sidestep the threat of government shutdowns in January and October 2014.

Future Congresses could undo the terms of the arrangement, and the current Congress has yet to see the plan or consider it, however. And conservative groups are working overtime to kill the deal while it's still in the crib.

Full story: http://www.dailymail.co.uk/news/arti...cuttle-it.html