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Transcripts For CSPAN 2014 Economy Summit 20140324

Conversation on the state of the economy with chris van hollen, a Ranking Member of the House Budget Committee. A hand for david graham and chris van hollen. [applause] where you want me . I think right here. Congressman, thanks for being here. Lets jump right in. There seems to be this idea that maybe the budget wars are over. As ryan murray suggested, the detente. Is that what it looked like from where you are . What can we look forward to in the next few months . First of all, its great to be here. I appreciate the opportunity. I think you have a temporary truce on the budget wars. The budget agreement that was reached in december carries us through fiscal year when 2014 and 2015. You have an agreement to increase spending on those by 2015 you are back to current law, and that is the sequester with the deeper acrosstheboard cuts. Look at some point we are going to have to resolve those issues. There were concerns we would have another showdown about the debt ceiling. We were able to

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