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involves some way around the tax dilemma and also the budget cuts? yeah, i really think there is. i ve been part of the group of eight negotiations. we ve had several days of meetings already this week finance committee on the democratic side met yesterday, finance committee, full committee met today. i really do think there is a way forward. this is something we can do. my own belief is we ought to agree on a down payment, several hundreds of billions of dollars of revenue and spending changes made right now. and then agree on a larger framework that would be the entire package. how much are we going to save out of entitlements? how much are we going to save out of the discretionary accounts? how much are we going to raise in revenue? how are we going to raise revenue? what are the actual steps taken? and the specific details to be worked out in the first six months of next year. and all backed up by a fail/safe

Finance committeeTax dilemmaBudget cutsGroup of eightDown paymentFull committee metDemocratic side met