'Grand Bargain' Breaks Apart on Oregon Senate Floor - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

'Grand Bargain' Breaks Apart on Oregon Senate Floor

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SALEM, Ore. (AP) - A "grand bargain" that would have raised new revenue and cut public pension benefits fell apart in the Oregon Senate on Tuesday when the tax bill failed to get enough Republican votes.
In a passionate floor speech, Democratic Senate President Peter Courtney told colleagues he pushed as hard as he could to forge a compromise between the parties.
After the tax bill failed, Democrats blocked a vote on a plan to cut pension benefits for retired government workers, sending that bill back to committee.
Sen. Ted Ferrioli, the Senate's top Republican, said the package was unacceptable and partisan because it didn't include a tax cut for small businesses and didn't go far enough to cut pension benefits.
Courtney said the Senate is scheduled to work through the weekend.