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« Ain't Nothin' But A Family Thing | Blog Home Page | Gibbs: Politics Goes On Despite Economic Challenges »

Biden, Pelosi Stress Harmony On Budget

The message of the day seems to be Democratic harmony, displayed just now between Vice President Biden and Speaker Pelosi as they prepared to have lunch at the Capitol. The Democrats both expressed strong confidence that lawmakers will produce a budget that meets the administration's goals, with Pelosi saying the House is "intent to deliver for the president."

"I know at the end of the day, we will have a strong budget supportive of the president's principles," Pelosi said. She also sent a message to Republicans, saying that while she hoped a budget would pass with bipartisan support, "I know the bill will pass."

Biden, saying he was happy to be back "home" in the Congress, said he is confident in the leadership of Pelosi and Senate Majority Leader Harry Reid.

"We're in a position where in order to rebuild this economy, it can't be built on a false bubble," the former senator said. "We have to get down to rebuilding an economy that produces a solid foundation for the better part of the beginning of this century. And that requires us to deal with education, with health care, and it requires us to deal with energy, and also budget discipline built in."

The White House announced today that the Economic Recovery Advisory Board headed by Paul Volcker will work to come up with other revenue streams through the tax code that would pay for Obama's plan, since lawmakers have objected to some of the initial revenue generators like the adjustment in charity deductibility. OMB Director Peter Orszag said the Congressional budget resolutions were "98 percent the same" as the White House's budget. And Biden repeated the view that they are on the same page.

"I feel very confident that we're going to get a budget that is totally consistent with and reflective of all we've asked for," Biden said.