Supercommittee feels pressure as lawmakers return
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All eyes will be on the supercommittee as it meets to determine over one trillion dollars in reductions to future spending. The pressure is on in more ways than one as Bloomberg points out:
As the supercommittee approaches that deadline, the specter of automatic, across-the-board spending cuts will heighten pressure for a deal. The law that raised the debt limit calls for those cuts to domestic and defense programs if the committee deadlocks or Congress fails to adopt its plan.
The debt-limit deal hasn’t improved attitudes toward lawmakers, who fare even worse than Obama in public opinion polls. According to an Aug. 17 to 21 Pew Research Center poll, public approval of Congress has dropped to 22 percent, down 9 points from June.
Congress has some important work ahead of them and we hope they focus on cutting spending and not on politics and poll numbers. It’s time to get back to work.