Senate Budget Committee chairman Kent Conrad (D-N.D.) indicated late Monday he was prepared to hold a markup on a budget proposal Wednesday afternoon. But at a press conference in the Capitol on Tuesday, Conrad said tomorrow would only be “the beginning of a markup” and that a vote on the budget likely won’t happen until after the November election.

Conrad’s budget is essentially the bipartisan Bowles-Simpson commission proposal from 2010. “It is a plan which I think best represents an opportunity and a blueprint from which to build a bipartisan deficit reduction agreement,” he said.