Harry Reid: 'We're Not Going To Have A Grand Bargain'

Sahil Kapur – October 24, 2013, 5:42 PM EDT

Senate Majority Leader Harry Reid (D-NV) on Thursday put the kibosh on prospects of a deficit-reduction "grand bargain," instead making clear this his priority in upcoming negotiations will be to get rid of sequestration.

"That's all happy talk," he told KNPR Nevada Public Radio. "I would hope that were the case but we're not going to have a grand bargain in the near future."

"I hope that we can do some stuff to get rid of sequestration and go on to do some sensible budgeting," he said.