Gang of Six "running out of steam"

Wednesday - 5/11/2011, 10:31am EDT

Erik Wasson, staff reporter, The Hill

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Budget wrangling continues on Capitol Hill. House Speaker John Boehner has said he will support President Obama is raising the debt ceiling if democrats agree to major budget cuts. Meanwhile, the President is setting the stage for 2012 budget negotiations. Erik Wasson, Staff Writer for The Hill Newspaper, told Federal News Radio he thinks the Gang of Six Senators' efforts at fiscal proposal running out of steam.