After several months of bipartisan gangs, presidential commissions and summits, and rhetoric from leadership, the Senate has still not passed a budget resolution. And even more meetings at the White House about budget deficits this week mean the delay continues. Finally, though, there seems to be some progress: Senate Democrats finally have a budget proposal that most of the caucus seems to be satisfied with.

According to the Hill, Senate Budget Committee chairman Kent Conrad (D-N.D.) presented a proposal to the Democratic caucus today that contains an even split of spending cuts and tax hikes: