CNN’s Jack Cafferty is asking “how we see the supercommittee concluding its business?”
The super committee would set a figure for increased tax revenue; but then individual House and Senate committees would have to craft the legislation. In an election year? Yeah, that’ll happen.
This is outrageous. If it happens, it would make the super committee just one more group of politicians to kick the can down the road when it comes to our nearly $15 trillion national debt. And we can’t afford that.
Oh yeah – and remember that automatic trigger that’s supposed to go into effect if the super committee can’t agree to cuts? Well, our lawmakers are trying to weasel out of that one too.
One super committee member says it is “very likely” Congress will try to dismantle those across-the-board cuts to defense and entitlement spending.
All the while, both sides are busy trading accusations about who would be to blame if the super committee fails.
So how do you see the supercommittee saga coming to a conclusion?
- They can’t reach a deal and the automatic cuts go into effect.
- They come to a deal and actually reduce spending.
- They can’t reach a deal, kick the can down the road, reverse the $1.2 trillion automatic spending cuts, and Democrats essentially get a clean debt ceiling raise.