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LarryW
08-10-2011, 10:05
http://www.cnn.com/2011/POLITICS/08/10/debt.committee.appointments/index.html?hpt=hp_t2

Republicans name conservatives to debt committeeFrom Deirdre Walsh, CNN
August 10, 2011 11:56 a.m. EDT


Washington (CNN) -- Republican leaders on Wednesday named fiscal conservatives for their six picks for a new congressional "super" committee charged with crafting a plan to cut the country's deficit.

In separate announcements, House Speaker John Boehner and Senate Minority Leader Mitch McConnell filled out the GOP spots on the 12-member bipartisan panel created in last week's debt ceiling deal that was passed by Congress and signed into law by President Barack Obama.

Boehner, R-Ohio, chose Reps. Jeb Hensarling of Texas, Dave Camp of Michigan and Fred Upton of Michigan, while McConnell, R-Kentucky, picked Sens. Jon Kyl of Arizona, Pat Toomey of Pennsylvania and Rob Portman of Ohio.

On Tuesday, the Senate's top Democrat, Majority Leader Harry Reid of Nevada, appointed Democratic senators Patty Murray of Washington, Max Baucus of Montana and John Kerry of Massachusetts with his three picks. House Minority Leader Nancy Pelosi, D-California, has yet to announce her three choices.



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She has until August 16 to complete the committee that will have six Democrats and six Republicans, equally divided between the House and Senate.

The committee will try to work out $1.5 trillion in deficit reduction, after an initial round of more than $900 billion in spending cuts in the debt ceiling agreement. It is required to complete its work by November 23, and Congress then has until December 23 to vote on the proposal, with no amendments permitted.

A simple majority on the panel -- seven of 12 members -- is needed to approve whatever package it comes up with, meaning that it will take a lone member of either party to push something through by voting with the other side. The committee's proposal would then need a simple majority in each chamber of Congress to make it to Obama's desk.

If the committee fails to reach agreement or Congress fails to pass whatever package it recommends, a trigger mechanism will enact further across-the-board cuts in government spending, including for the military.

According to a new CNN/ORC International Poll released Wednesday, 63% of respondents say the so-called "super committee" should recommend increased taxes on higher-income Americans and businesses, with 36% disagreeing. By a 57-40% margin, respondents say the committee's deficit reduction proposal should include major cuts in domestic spending.

However, further cuts in defense spending get a mixed review, with 47% favoring them and 53% opposed.

Nearly two-thirds of respondents oppose major changes to Social Security and Medicare, while nearly nine in 10 don't want any increase in taxes on middle class and lower income Americans.

Months of rancorous negotiations on deficit reduction have failed to resolve a fundamental dispute between Republicans and Democrats involving the size of government and whether to raise revenue while cutting spending. Obama is pushing for a comprehensive plan that included spending cuts, increased tax revenue and entitlement reforms, while Republicans seek to shrink government by proposing spending cuts and entitlement reforms without increased revenue.

An impasse over the tax revenue issue led to the debt ceiling agreement, which imposed the initial round of spending cuts and set up the special committee to work out further deficit reduction. The agreement also enables the federal debt ceiling to be increased through 2012, allowing the government to borrow what it needs to meet its obligations.

The brinkmanship of the negotiations, with uncertainty over whether the government might default if no deal was reached, was one reason why Standard & Poor's downgraded the U.S. credit rating from AAA to AA+ on Friday.

One of the main Republican arguments against tax increases on the wealthy is that they would inhibit job creation. The poll results showed that only a third of respondents agree with that stance, while 62% say taxes on the wealthy should be high so the government can use the money for programs to help lower-income Americans.

The CNN poll was conducted by ORC International on August 5-7, with 1,008 adult Americans questioned by telephone. The survey was conducted both before and after Friday night's announcement of the S&P downgrade. The poll's overall sampling error is plus or minus 3 percentage points.

In announcing his choices for the special committee, Reid said in a statement that Murray would be a co-chair.

"As the events of the past week have made clear, the world is watching the work of this committee," Reid's statement said.

In a joint statement issued soon after their appointments, the three Democratic senators said that Americans want the committee to operate without "the red hot partisanship and brinkmanship of the last months."

"This is not going to be easy. Our challenge is to find common ground without damaging anyone's principles. We believe we can get there. This committee was designed to require bipartisanship, and we are going to work hard with our Republican colleagues to attain it," their statement said.

Late Tuesday, Republican National Committee Chairman Reince Priebus slammed Reid's choice of Murray and asked the Senate leader to withdraw her appointment.

"Harry Reid's appointment of Patty Murray to Co-Chair the Select Committee on Deficit Reduction is absolute proof that Democrats are not serious about deficit reduction," Priebus said in a statement. "As chair of the Democratic Senatorial Campaign Committee, Murray is the Senate Democrats' fundraiser-in-chief. The Select Committee is no place for someone whose top priority is fundraising and politics."

Boehner will choose the other co-chair of the committee.



IMHO someone should come up with a pithy name for this august gaggle? Maybe "The Twelve Disposables" or "The Dispicable Dozen"...

Motto: "The tire's only flat on the bottom..."

rubberneck
08-10-2011, 10:23
Boehner and McConnell are spineless cowards. Not a single member of the Tea Party Caucus was named to this super committee. Instead we get a bunch of moderates aka as pushovers to balance appointees from the other party that never met a dollar they wouldn't spend. It appears that the American people have been played. Nothing is going to change until we become Greece.

Team Sergeant
08-10-2011, 10:25
Boehner and McConnell are spineless cowards. Not a single member of the Tea Party Caucus was named to this super committee. Instead we get a bunch of moderates aka as pushovers to balance appointees from the other party that never met a dollar they wouldn't spend. It appears that the American people have been played. Nothing is going to change until we become Greece.

That should not take long, the stock market just fell another 400 points..... soon there will be a run on the banks. If that happens it's all over.

Pete
08-10-2011, 10:29
Don't worry - both sides will attack the other sides sacred cows - both will harumph - harumph - harumph and then they'll compromise and raise spending and taxes.

mark46th
08-10-2011, 11:14
What!?!? No Paul Ryan?!?!?

Paslode
08-10-2011, 12:13
Boehner and McConnell are spineless cowards. Not a single member of the Tea Party Caucus was named to this super committee. Instead we get a bunch of moderates aka as pushovers to balance appointees from the other party that never met a dollar they wouldn't spend. It appears that the American people have been played. Nothing is going to change until we become Greece.

Reports late last week stated Tea party members were essentially banned from inclusion......so the process of theft would go much smoother.

Surgicalcric
08-10-2011, 12:18
Maybe one day we will have politicians who are more concerned with fixing the troubles we face and less so with combating the "other" side of the aisle. I have grown tired of the "us" vs "them" mentality expressed every time a politician opens their mouth.

One day, just one day someone will realize more is at stake than their political seat in all of this...

Crip

BOfH
08-10-2011, 12:20
63% of respondents say the so-called "super committee" should recommend increased taxes on higher-income Americans and businesses, with 36% disagreeing.

Results like this just show how small this higher income bracket really is, seriously, there probably isn't enough people in this bracket to tax, and any revenues would barely muster a paint chip, let alone a small dent in the national debt. Then again, this administrations definition of a millionaire isn't a seven figure paycheck, it's more like a few dollars over six, combined with a static AMT rate, I think we could safely say, would probably affect 20% of that 63%.

So much for the sheeple :(

Dusty
08-10-2011, 12:34
That should not take long, the stock market just fell another 400 points..... soon there will be a run on the banks. If that happens it's all over.

It's amazing to me that most people haven't even given that eventuality a thought.

The majority of people in this Country make sheep look like sabre-toothed tigers.

Badger52
08-10-2011, 13:12
What!?!? No Paul Ryan?!?!?Good catch. You mean the guy who really understands that stuff and scares the bejeesus out of the Dems just to have him in the same room? Boehner probably got a back-channel that said the other side wouldn't grant his visa; betting he'll be sending in plays from the dugout anyway.

The Zippo is getting topped off and there's a fresh flint in it.