Super-committee begins to take shape
Get the latest intel on Washington's fiscal woes.
CloseAfter months of contentious negotiations, lawmakers finally came to an agreement to raise the debt ceiling and address the country’s enormous debt burden. Signed into law by President Obama, the debt limit agreement created a bipartisan super committee assigned to find spending cuts to reduce the nation’s long-term deficit.
Reuters explains:
The panel is specifically tasked, under the debt ceiling deal, with finding an additional $1.5 trillion in budget savings over 10 years by November 23. Its recommendations must be voted on by Congress by December 23. If either deadline goes unmet, automatic spending cuts are triggered in 2013.
Party leaders in both the House and Senate were tasked with appointing members to the joint super-committee.
With his announcement yesterday, Senate Majority Leader Reid (D-NV) was the first to make his selections, naming Senator Max Baucus (D-MT), Senator Patty Murray (D-WA) and Senator John Kerry (D-MA) to the committee.
Today, Speaker of the House John Boehner (R-OH) made his picks, choosing Rep. John Hensarling (R-TX), Rep. Dave Camp (R-MI), and Rep. Fred Upton (R-MI).
Shortly after the Speaker’s announcement, Senate Minority Leader Mitch McConnell (R-KY) appointed Senator Jon Kyl (R-AZ), Senator Pat Toomey (R-PA), and Senator Rob Portman (R-OH) to the committee.
Each leader released a statement following the choices. See excerpts below from each.
From Senator Reid:
I have great faith in Senator Murray as the co-chair of the committee. Her years of experience on the Senate Budget and Appropriations committees have given her a depth of knowledge on budget issues, and demonstrated her ability to work across party lines. Senators Baucus and Kerry are two of the Senate’s most respected and experienced legislators. Their legislative accomplishments are matched only by their records of forging strong bonds with their Republican colleagues.
From Speaker Boehner:
Our debt and deficits are a threat to our economy, and America cannot achieve long-term job growth until we take action to address this crisis. In the weeks ahead, a serious, bipartisan committee of lawmakers will begin the hard but necessary work of making the tough choices needed to rein in mandatory and entitlement spending, which are the drivers of our debt. The lawmakers I have appointed to serve on this joint committee are proven leaders who have earned the trust and confidence of their colleagues and constituents. They understand the gravity of our debt crisis and I appreciate their willingness to serve on this panel.
From Senator McConnell:
My main criteria for selecting members was to identify serious, constructive senators who are interested in achieving a result that helps to get our nation’s fiscal house in order,” McConnell said. “That means reforming entitlement programs that are the biggest drivers of our debt, and reforming the tax code in a way that makes us more competitive and leads to more American jobs. The goal is to achieve a result that convinces Americans and the world that we’re committed as a nation to prosperity for all our citizens
House Minority Leader Rep. Nancy Pelosi has yet to announce her three House Democrat appointments. Regardless of who is appointed, we hope the super-committee can prove their critics wrong and come to a substantive, actionable agreement to make significant and meaningful spending cuts.
Stay tuned to BankruptingAmerica.org for the latest developments on the super-committee.
They are all in need of failed elections that send them home for good.
They are all in need of failed elections that send them home for good.
They are all in need of failed elections that send them home for good.
time for a revolution. time for the new super committee to go. along with EVERYSINGLE person in EVERYSINGLE elected office needs to be removed and replaced with a random semi intelligent person to hold the position until a new election can happen. these corporations have stolen our government and inserted paid for puppets acting in only their best interests… how long is is going to take people to realize you cant give up your Constitutional rights for security. THATS THE DEFINITION OF TYRANNY! the patriot act has also got to go, along with homeland security. ALL OF IT is an unconstitutional waste of money.
time for a revolution. time for the new super committee to go. along with EVERYSINGLE person in EVERYSINGLE elected office needs to be removed and replaced with a random semi intelligent person to hold the position until a new election can happen. these corporations have stolen our government and inserted paid for puppets acting in only their best interests… how long is is going to take people to realize you cant give up your Constitutional rights for security. THATS THE DEFINITION OF TYRANNY! the patriot act has also got to go, along with homeland security. ALL OF IT is an unconstitutional waste of money.
time for a revolution. time for the new super committee to go. along with EVERYSINGLE person in EVERYSINGLE elected office needs to be removed and replaced with a random semi intelligent person to hold the position until a new election can happen. these corporations have stolen our government and inserted paid for puppets acting in only their best interests… how long is is going to take people to realize you cant give up your Constitutional rights for security. THATS THE DEFINITION OF TYRANNY! the patriot act has also got to go, along with homeland security. ALL OF IT is an unconstitutional waste of money.
We already have a screwed up super commitee. Get rid of the ones we have now. Throw every thing out of congress and start with the constitution.
We already have a screwed up super commitee. Get rid of the ones we have now. Throw every thing out of congress and start with the constitution.
We already have a screwed up super commitee. Get rid of the ones we have now. Throw every thing out of congress and start with the constitution.
Will those chosen for this super committee (another group to do something?) have the intestinal fortitude to tell Congress and the President that they either get on the wagon or go home. Politics got into this SAD situation and let’s see if they have the ba**s to get out in a quicker fashion than 10 years. i.e. eliminate all increases would be a great start. i.e. no Congressional or Presidential raises until the Budget is balanced and actually taking down the debt.
Will those chosen for this super committee (another group to do something?) have the intestinal fortitude to tell Congress and the President that they either get on the wagon or go home. Politics got into this SAD situation and let’s see if they have the ba**s to get out in a quicker fashion than 10 years. i.e. eliminate all increases would be a great start. i.e. no Congressional or Presidential raises until the Budget is balanced and actually taking down the debt.
Will those chosen for this super committee (another group to do something?) have the intestinal fortitude to tell Congress and the President that they either get on the wagon or go home. Politics got into this SAD situation and let’s see if they have the ba**s to get out in a quicker fashion than 10 years. i.e. eliminate all increases would be a great start. i.e. no Congressional or Presidential raises until the Budget is balanced and actually taking down the debt.
The true cause of the “American debt fiasco” HAS ABSOLUTELY NOTHING to do with entitlement programs, although many of them do, in fact, need to be fixed. What DID CAUSE this fiasco was a COMPLETE DERELICTION OF DUTY ON BEHALF OF CONGRESS when they handed the management of U.S. currency over to “The Fed” plain and simple!
The true cause of the “American debt fiasco” HAS ABSOLUTELY NOTHING to do with entitlement programs, although many of them do, in fact, need to be fixed. What DID CAUSE this fiasco was a COMPLETE DERELICTION OF DUTY ON BEHALF OF CONGRESS when they handed the management of U.S. currency over to “The Fed” plain and simple!
The true cause of the “American debt fiasco” HAS ABSOLUTELY NOTHING to do with entitlement programs, although many of them do, in fact, need to be fixed. What DID CAUSE this fiasco was a COMPLETE DERELICTION OF DUTY ON BEHALF OF CONGRESS when they handed the management of U.S. currency over to “The Fed” plain and simple!
Wow, I feel so much better! Murry has a degree in physical education, Kerry(D) majored in political science then became a lawyer along with Camp(R), Kyle(R), and Portman(R) (who by the way has a degree in Anthropology), Toomey(R) a B.A. in political science, Upton(R) a B.A. in journalism and then the only two so far with degrees in economics, Hensarling(R) and Baucus(D). Opps both of them have law degrees also. So I assume one will make the rest do jumping jacks, then on to a great bs session and then the other will write about it. Great solution to a major economic problem! Now don’t you all feel much better…..what a joke and I am not laughing!!!!
Wow, I feel so much better! Murry has a degree in physical education, Kerry(D) majored in political science then became a lawyer along with Camp(R), Kyle(R), and Portman(R) (who by the way has a degree in Anthropology), Toomey(R) a B.A. in political science, Upton(R) a B.A. in journalism and then the only two so far with degrees in economics, Hensarling(R) and Baucus(D). Opps both of them have law degrees also. So I assume one will make the rest do jumping jacks, then on to a great bs session and then the other will write about it. Great solution to a major economic problem! Now don’t you all feel much better…..what a joke and I am not laughing!!!!
Wow, I feel so much better! Murry has a degree in physical education, Kerry(D) majored in political science then became a lawyer along with Camp(R), Kyle(R), and Portman(R) (who by the way has a degree in Anthropology), Toomey(R) a B.A. in political science, Upton(R) a B.A. in journalism and then the only two so far with degrees in economics, Hensarling(R) and Baucus(D). Opps both of them have law degrees also. So I assume one will make the rest do jumping jacks, then on to a great bs session and then the other will write about it. Great solution to a major economic problem! Now don’t you all feel much better…..what a joke and I am not laughing!!!!