U.S. budget talks hit snag, Republican senator says

[riky]

U.S. budget talks hit snag, Republican senator says

<p><a href="http://news.yahoo.com/u-budget-talks-hit-snag-republican-senator-says-185522127--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/0tGVEeN1rV5pUtQqYDsFTg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-07T185522Z_1_CBRE9A61GKH00_RTROPTP_2_USA-FISCAL.JPG" width="130" height="86" alt="U.S. Senator Graham talks to a reporter as he arrives for a Republican Senate caucus meeting at the U.S. Capitol in Washington" align="left" title="U.S. Senator Graham talks to a reporter as he arrives for a Republican Senate caucus meeting at the U.S. Capitol in Washington" border="0" /></a>By Richard Cowan and David Lawder WASHINGTON (Reuters) - The panel of U.S. lawmakers seeking to craft a bipartisan budget deal is deadlocked over tax revenue early in its deliberations, a Senate member said on Thursday, reinforcing fears that a December 13 deadline could pass with no agreement. Republican Senator Lindsey Graham told Reuters the negotiations were &quot;stuck, not irreconcilably, but stuck.&quot; Nearly one month ago, Congress created the House of Representatives-Senate working group as part of a deal that reopened the federal government following a 16-day shutdown and raised U.S. borrowing authority to avoid a potential default. The panel's purpose, in part, is to restore some order to the federal budget process and stop lurching from one temporary funding crisis to another, each of which carries the risk of a government shutdown. Because of deep differences in priorities between Republicans and Democrats, the 29-member &quot;conference committee&quot; started work on October 30 with low expectations.</p><br clear="all"/>

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