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"This is a major action-forcing event. I'm not saying there will be a grand bargain during the lame-duck session but I would certainly hope that we reach some way to sort-of structure [or] at the very least create a process in which a credible balanced deficit reduction plan can be reached." - Rep. Chris Van Hollen of Maryland, top Democrat on the House Budget Committee. (Associated Press)

"This is a major action-forcing event. I'm not saying there will be a grand bargain during the lame-duck session but I would certainly hope that we reach some way to sort-of structure [or] at the very least create a process in which a credible balanced deficit reduction plan can be reached." - Rep. Chris Van Hollen of Maryland, top Democrat on the House Budget Committee. (Associated Press)

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