Archive for stalemate
This thing was designed to fail. Via Taegan-
“The supercommittee is struggling. After weeks of secret meetings, the 12-member deficit-cutting panel established under last summer’s budget and debt deal appears no closer to a breakthrough than when talks began last month,” the AP reports.
“While the panel members aren’t doing much talking, other lawmakers, aides and lobbyists closely tracking the committee are increasingly skeptical, even pessimistic, that the panel will be able to meet its assigned goal of at least $1.2 trillion in deficit savings during the next 10 years.”
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