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Defense cuts could 'devastate' military

Defense cuts could 'devastate' military

WASHINGTON, Nov. 15 (UPI) -- U.S. Defense Secretary Leon Panetta says looming budget cuts would be devastating to the Defense Department and pose a risk to national security.
Deadline nears for debt reduction panel

Deadline nears for debt reduction panel

WASHINGTON, Nov. 15 (UPI) -- As a Thanksgiving deadline nears, members of the panel tasked with finding $1.5 trillion in U.S. budget savings are struggling toward a compromise, aides said.
Report: Obama chooses absence

Report: Obama chooses absence

WASHINGTON, Nov. 12 (UPI) -- U.S. President Barack Obama has invoked a British royalty tradition of leaving the seat of power while politicians wrangle, the Los Angeles Times said.
Occupy Portland gets deadline to leave

Occupy Portland gets deadline to leave

PORTLAND, Ore., Nov. 10 (UPI) -- The mayor of Portland, Ore., Thursday announced an Occupy camp downtown would be closed this weekend due to deteriorating discipline among the demonstrators.

GOP offers tax code revisions

WASHINGTON, Nov. 8 (UPI) -- Congressional Republicans Tuesday moved off their no new taxes stance and offered a tax code rewrite they said would raise about $300 billion in 10 years.
Schumer: Supercommittee won't hit deadline

Schumer: Supercommittee won't hit deadline

WASHINGTON, Nov. 7 (UPI) -- Sen. Charles Schumer, D-N.Y., predicted Monday the supercommittee won't reach a deal to reduce the federal deficit, and the fault will lie with Republicans.

U.S. lobbyists rally against tax changes

WASHINGTON, Nov. 6 (UPI) -- Some of the dozens of U.S. lobbyists hovering over the so-called supercommittee budget talks say care must be taken to not upset the economy.
McConnell now says he favors big deal

McConnell now says he favors big deal

WASHINGTON, Nov. 4 (UPI) -- Minority Leader Mitch McConnell, in a 180-degree turn, now says he favors a big deficit-reduction deal, Senate GOP aides said.
McConnell: No extension for supercommittee

McConnell: No extension for supercommittee

WASHINGTON, Nov. 3 (UPI) -- Senate Minority Leader Mitch McConnell, R-Ky., said Thursday there will be no deadline extension for the panel tasked with finding $1.2 trillion in budget cuts.
Most doubt supercommittee will reach deal

Most doubt supercommittee will reach deal

HAMDEN, Conn., Nov. 3 (UPI) -- A majority of U.S. voters said they doubt the supercommittee will come up with a debt reduction plan, a Quinnipiac University poll released Wednesday indicated.
Internet sales tax fight hits Congress

Internet sales tax fight hits Congress

WASHINGTON, Nov. 2 (UPI) -- Supporters and opponents of collecting sales taxes for online transactions are lining up U.S. congressional backing for their positions, officials say.

AFL-CIO says Dems' debt plan hurts jobs

WASHINGTON, Oct. 31 (UPI) -- A proposal by Democratic members of the bipartisan, bicameral supercommittee could undercut President Obama's jobs drive, the AFL-CIO chief said Monday.

Obama won't join debt cut process further

WASHINGTON, Oct. 28 (UPI) -- President Obama won't join in the U.S. debt reduction process other than press for changes he has already proposed, his spokesman said Friday.
GOP rejects Dems' plan to cut budget $3T

GOP rejects Dems' plan to cut budget $3T

WASHINGTON, Oct. 27 (UPI) -- House Speaker John Boehner, R-Ohio, Thursday rejected a Democratic plan to cut U.S. debt by $3 trillion because it includes $1.3 trillion in new taxes.
Deficit reduction super panel meets in open

Deficit reduction super panel meets in open

WASHINGTON, Oct. 26 (UPI) -- Lawmakers can't always look to non-defense discretionary spending for cuts to spending the Democratic co-chairwoman of the supercommittee said Wednesday.
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Photos
Supercommittee
The twelve members of the deficit reduction "super committee," seen in these UPI file photos, have all been named on August 11, 2011, in Washington, DC. Top row, L to R are: Sen. Patty Murray, D-WA; Rep. Chris Van Hollen, D-MD; Rep. Fred Upton, R-MI; Rep. Jeb Hensarling, R-TX; Middle Row from, L to R are: Sen. John Kerry, D-MA; Rep. Xavier Becerra, D-CA; Sen. Pat Toomey, R-PA; Rep. David Camp, R-MI; Bottom row, L to R are: Sen. Max Baucus, D-MT; Rep. Jim Clyburn, D-SC; Sen. Rob Portman, R-OH; and Sen. Jon Kyl, R-AZ. UPI
Wiki

The Joint Select Committee on Deficit Reduction,[1] colloquially referred to as the Supercommittee, is a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August 2, 2011. The act was intended to prevent the rapid process of sovereign default that would have resulted from the 2011 United States debt-ceiling crisis,[2] and has been interpreted as a reaction to frustration over prolonged partisan political disputes during an uncertain economy struggling to recover from the late-2000s recession.[3] On November 21, the committee concluded its work, issuing a statement that began with the following:[4] After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline. Historical precedents The committee is an unusual construct in the American federal legislative system, created after weeks of difficult negotiations,[5] although it has a partial precedent in the Base Realignment and Closure process.[6][7] Senate historian Donald Ritchie found inexact parallels between the Joint Select Committee and various joint committees, and with the exception of the 1946–1977 Joint Committee on Atomic Energy, he noted that what makes this committee different is its ability to write and report out legislation.[5] [edit]Structure and membership The committee comprises twelve members of Congress, six from the House of Representatives and six from the Senate, with each delegation evenly divided between Democrats and Republicans.[8] Three members each were appointed by the Speaker and Minority Leader of the House and the Majority and Minority Leaders of the Senate.[1][9] Two of the members are designated as co-chairs, one each by the Senate Majority Leader and by the House Speaker.[1] The law does not require that either chair be from a specific house or a specific party. The Los Angeles Times predicted before the committee was constituted that the "most important players" in the process would be the four leaders selecting the twelve committee members.[10] [edit]Members On August 9, Harry Reid, the Senate Majority Leader, announced the Senate's Democratic members of the committee.[11] Speaker John Boehner and Senate Minority Leader Mitch McConnell announced the Republican appointments to the committee from both houses on August 10, 2011.[12] House Minority Leader Nancy Pelosi announced her choices the following day.[13]

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Supercommittee ."
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