Via Roll Call (emphasis mine):

Majority Leader Harry Reid said Thursday that he expected little more from the formal House-Senate budget conference than some relief from automatic spending cuts under sequestration.

The Nevada Democrat called the suggestion of a “grand bargain” including an overhaul of entitlement programs “happy talk.”

“I hope that we can do some stuff to get rid of sequestration and go on to do some sensible budgets — budgeteering. I’ve got a wonderful leader of my Budget Committee, Patty Murray from the state of Washington, and I feel pretty comfortable that she’ll do a good job for us, but … I hope there would be a grand bargain, but I don’t see that happening,” Reid said on Nevada radio station KNPR. [...]

“The only people who feel there shouldn’t be more coming in to the federal government from the rich people are the Republicans in the Congress,” Reid said. “Everybody else, including the rich people, are willing to pay more. They want to pay more.”