Monday, November 14, 2011

Joint Deficit Reduction Committee




(Washington) Political wrangling within the committee continues with a deadline of November 23 for finding $1.5 trillion in deficit reduction.
They have been meeting for two months, poring over concepts and ideas already hashed out by three other groups over the past year.

But 10 days before their deadline, members of the so-called congressional "super committee" created to forge a deficit reduction deal indicated Sunday that they remain hung up on basic issues of tax and entitlement reform that have previously stymied agreement.
I suspect the committee will find a way to delay making a final decision.

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