Budget Battles

House Speaker John Boehner of Ohio, left, accompanied by Senate Majority Leader Harry Reid of Nev., speaks to reporters outside the White House in Washington, Thursday, April 7, 2011, after their meeting with President Obama regarding the budget and possible government shutdown.  - AP Photo/Pablo Martinez Monsivais

House Speaker John Boehner of Ohio, left, accompanied by Senate Majority Leader Harry Reid of Nev., speaks to reporters outside the White House in Washington, Thursday, April 7, 2011, after their meeting with President Obama regarding the budget and possible government shutdown.

AP Photo/Pablo Martinez Monsivais

Budget Battles

Diane and guests discuss the high-stakes battles over the federal budget for the rest of this year and next, and explore what deepening congressional polarization means for both political parties and the overall effort to reduce deficit spending.

Last Friday’s last minute funding deal for the rest of this fiscal year is the first of several bruising and partisan battles ahead. Many say, so far, neither party deserves particularly high marks. President Obama will weigh in later this week with a call for Republicans to work with him on ways to raise revenues and reduce spending on entitlement programs. The House GOP 2012 budget plan includes a fundamental transformation of Medicare, new limits on Medicaid spending, and lower taxes for the nation’s wealthiest. Please join us for an update on the details of Friday’s compromise and the high stakes fights ahead.

Guests

E.J. Dionne Jr.

senior fellow at The Brookings Institution, Washington Post columnist, and author of "Souled Out: Reclaiming Faith and Politics After the Religious Right" and of "Stand Up Fight Back."

Vin Weber

Republican consultant, former member of Congress representing Minnesota's 2nd district (1981-93)

Janet Hook

Congressional correspondent, The Wall Street Journal.

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