With 10 days left until an automatic trigger for debt reduction, the Super Committee tasked with finding a plan to get rid of $1.2 trillion in impending debt over the next 10 years may have to punt.
Six Democrats and six Republicans appointed to the panel -- itself a source of contention among colleagues and transparency advocates -- have until Nov. 23 to find the balance that will get past Congress by Dec. 23 and onto President Obama's desk. Without a deal by Thanksgiving, automatic across-the-board cuts divided between defense and domestic programs, also known as "sequestration," kick in.
Conservation Voice wrote: With 10 days left until an automatic trigger for debt reduction, the Super Committee tasked with finding a plan to get rid of $1.2 trillion in impending debt over the next 10 years may have to punt.
No may about it, they will punt. Every idiot knew that before they inked the deal. I did :Whistle Even brain dead zombies should have known it after the names were announced.
