Super-committee Seeks Public Input

August 29th, 2011
in econ_news

hensarling murray Econintersect:  The co-chairs of the congressional Super-committee charged with coming up with a deficit cutting plan over the coming three months has announced they will seek public input.  According to the Los Angeles Times, Sen. Patty Murray (D-Wash.) and Rep. Jeb Hensarling (R-Texas) said they have been engaged in “serious discussions” over the logistics of creating the panel that has far-reaching authority to set federal budgets for the next decade.  Hensarling and Murray are shown in the caption photos.

Follow up:

The Super-committee will be launching a web site that will provide a channel for the public to communicate.

From the LA Times:

“We have been working together to ensure that the committee we help build is given every opportunity to succeed,” Murray and Hensarling said in a joint statement. “We are confident that most Americans will agree that when building an organization from the ground-up with a short time-table for success, it’s important to get it right the first time.”

The committee has until Nov. 23 to recommend $1.5 trillion in deficit reduction over the next decade through taxes, spending cuts or some combination. If a majority of the bipartisan 12-member panel agrees with the proposal, it would be presented to Congress for an up-or-down vote by Dec. 23.

Such tax and spending decisions have dogged Congress for years, but the committee faces increased pressure to shelve partisanship amid record deficits, jittery financial markets and a struggling economy.

Source:  Los Angeles Times

Hat tip to Jerrit Erickson.









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved