Key Dem on 'Gang of Six' Debt Plan: 'Still a Lot of Details That Have Not Come Out'

July 20, 2011 - 7:44 AM

Debt Showdown

Rep. Chris Van Hollen, D-Md., ranking Democrat on the House Budget Committee, testifies before the House Rules Committee on the so-called

WASHINGTON (AP) — The senior Democrat on the House Budget Committee says a deficit-reduction proposal by the Gang of Six is promising, but there's likely too little time for Congress to act before the Aug. 2 default deadline.

Maryland's Chris Van Hollen says "there's still a lot of details that have not come out."

The congressman tells MSNBC Wednesday morning that the new outline suggested by three Democrat and three Republican senators "provides some additional momentum" for ending the political stalemate. He adds, however, "it's really hard to get our caucus to focus" without more details.

Van Hollen said "we need to proceed with Plan B in case this thing unravels." He was referring to a proposal to give President Barack Obama authority to increase the debt limit incrementally.