Entries Tagged as 'Super committee'

And the Super Winners Are…

November 22nd, 2011 at 12:00 pm 42 Comments

“Winners and Losers” headlines abounded after the Joint Select Committee on Deficit Reduction (JSC) whimpered to an end.

One of the most interesting analyses was in The Hill, malady written by Bob Cusak, although we disagree with some of his picks.

Here is our analysis. “and, the winner is…the Democrats!”

Click here to read more

$1.2 Trillion in Cuts Still Avoids Hard Choices

November 15th, 2011 at 3:30 pm 20 Comments

Gloom has descended on the work of the Joint Select Committee on Deficit Reduction (JSC) as the Nov. 23 deadline for its work nears.

As JSC Co-Chair Jeb Hensarling said over the weekend, cheap it has been a roller-coaster ride. Republicans have made offers; Democrats have made offers. Both long-term reform and short-term “kick the canister down the road” proposals have been floated and sunk almost as suddenly as they appeared. A variety of contortions using process and policies emerge and then submerge.

Click here to read more

On Revenues, Republicans Cross their Line in the Sand

November 9th, 2011 at 12:50 am 68 Comments

Well, prostate what do you make of that? It just proves once again that little is new under the sun. Democrat’s message-maker and message enforcer, Sen. Chuck Schumer of New York, took the airwaves almost at the same time that the Joint Select Committee on Deficit Reduction (JSC) members were exchanging serious offers and counter-offers.

Schumer’s message, of course, was that the JSC would fail in its work and that failure was because Republicans just wouldn’t listen to any talk of raising taxes.

Click here to read more

Topics:  ,

America’s Debt Will Get Kicked Down the Road

October 25th, 2011 at 12:00 am 27 Comments

While much of Gucci row wonders what the Joint Select Committee (JSC) will do to their client’s specific interests, shop the more objective analysts seem to be split into three camps—just like they were in mid-August when the JSC was created by the Budget Control Act.

In short, nobody knows what will emerge, not even the 12 members of the JSC.

Click here to read more

When the Senate Functioned

October 19th, 2011 at 11:59 pm 46 Comments

Once upon a time, seek legend has it, health the United States Senate could work.  While lost in the mists of time, sovaldi the exact way the Senate worked apparently had to do with something called, “regular order.”

Click here to read more

Super Committee Braces For Another Fight

October 13th, 2011 at 12:41 am 35 Comments

The good, prostate the bad and the ugly of politics has been on display for the past few days. None of it popped up spontaneously.

First, order the ugly. In an article in The Hill, ed Alexander Bolton reports that the Joint Select Committee on Deficit Reduction (JSC) “can’t agree on how to count.” This refers to the long-simmering dispute between Democrats and Republicans over what the proper “baseline” from which to count savings really is. Baseline discussions never yield light. Indeed, most outside analysts take all baseline projections of spending and taxes with at least a pound of salt.

Click here to read more

Silence Won’t Save the Super Committee

October 7th, 2011 at 12:00 am 2 Comments

Hill-focused media report breathlessly that the Joint Select Committee on Deficit Reduction (the “super committee”) has clamped down on possibilities of leaks by allowing each of the 12 members to bring one staffer to meetings.

Click here to read more

The Coming Super Committee Crack-Up

October 6th, 2011 at 12:00 am 21 Comments

Under any other circumstances, one would expect a technical, lobbyist-dominated group like the Super Committee to do what Congress always does when confronted with a crisis: Kick the can down the road. However, evidence suggests that won’t happen this time. Why? Because the only incentives the Super Committee has to get anything done are tragically unequal to the moment.

Click here to read more