Super committee: 10 days to deadline and no deal imminent

[alp227]

Source: CNN

They have been meeting for two months, poring over concepts and ideas already hashed out by three other groups over the past year.

But 10 days before their deadline, members of the so-called congressional "super committee" created to forge a deficit reduction deal indicated Sunday that they remain hung up on basic issues of tax and entitlement reform that have previously stymied agreement.

Texas Rep. Jeb Hensarling, the panel's Republican co-chair, told CNN's "State of the Union" that the only solution possible might be a two-step process in which the bipartisan committee sets a figure for increased tax revenue that congressional committees would then implement through legislation.

"There could be a two-step process that would hopefully give us pro-growth tax reform," Hensarling said.

Read more: http://www.cnn.com/2011/11/13/politics/congress-super-committee/index.html

[RUMMYisFROSTED]

1. Think: Clear cut.

[TheWraith]

2. And as I've been saying, contrary to the massive handwringing, there won't be a package deal.

The odds were massively against it from the beginning. But that little dose of reality didn't stop people from screaming from the rooftops that it was a massive conspiracy to destroy Social Security.

[DCBob]

3. this is going nowhere..

the most likely end result will be for congress to pass a bill to extend the deadline.

[bluestateguy]

4. So?

I care more about Kim Kardashian's divorce than this.

[russspeakeasy]

5. Oh, there is a deal. But you and I aren't going to like it.

[bloomington-lib]

6. deadline fatigue

[PoliticAverse]

7. Why would they come to an agreement before the last minute ? n/t

[IamK]

13. I believe there is already an agreement, its just a political game...

like the "shutdown"... Look for around 850 billion (closing loopholes traded for permanent bush tax cuts)in "additional revenue" and around 3 trillion in cuts... this had been the plan all along...

[KansDem]

8. Hell, pay me what their being paid...

Give me their benefits and health insurance, and I'll sit around and do nothing for two months...:grr:

[Fearless]

9. Honestly what did they expect.

[FunMe]

10. Super Committee needs to be Mic checked and protested!

Now that OWS is coming out of the streets and into the board rooms and meetings of the politicians and 1%, it would be a good idea to go after this Super Committee. They need to be warned that hell will be paid if they continue to cater to the 1%.

[SoCalMusicLover]

11. More Proof They Don't Give A Shit

Why should they care?

If you thought there was even a 1% chance they would reach a deal, I've got a bridge to sell you.

[BlueIris]

12. I have a bad, bad feeling about where it's going.

It's called Catfood II for a reason.

They are dragging their feet because they know we won't like the decisions and the public response could be vicious.

[red dog 1]

14. Republicons Will Never Allow Taxes To Be Raised On Top 1%.