Rep. Jeb Hensarling, Republican co-chairman of the deficit "super committee," said he has not "given up hope" of reaching a deal by the Nov. 23 deadline. (CNN / November 13, 2011)
Time Running Out For US Deficit Reduction Deal -- Voice of America
U.S. lawmakers say time is running out for a congressional super committee to identify $1.2 trillion in deficit reduction during the next 10 years. Partisan disagreements remain on how best to improve America’s fiscal health, despite a softening of rigid ideological positions.
Members of the bipartisan, bicameral deficit reduction committee insist a deal is still possible before the November 23 deadline established in a budget deal signed into law earlier this year.
Read more ....
More News On the U.S. Super Committee
Super committee: 10 days to deadline and no deal imminent -- CNN
US deficit: Super-committee talks 'at difficult point' -- BBC
As Deadline Nears, Debt Reduction Panel Weighs Undoing Its Own Rules -- FOX News
Deficit 'super committee' may put off decisions -- L.A. Times
"Super committee" well short of a deal, members say -- L.A. Times
Supercommittee hasn’t ‘given up hope,’ Hensarling says -- Washington Post
My Comment: What is my read of this attempt to balance the books. Sighhh ... the U.S. on the federal/state/municipal level owes trillions of dollars, and has liabilities that are trillions more. But this committee is only focused on the nickel and dime solutions that will only postpone the inevitable .... which is massive government cuts coupled with massive taxes on the majority of Americans.
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