Democrats want debt-cutting panel to address jobs

[NNN0LHI]

http://www.google.com/hostednews/ap/article/ALeqM5gEIPCMHl4qMSJRShMlrhyrw5wxyQ?docId=3f9199d2c6bf4af9ad33f92e6ffdd34e

By ALAN FRAM, Associated Press – 6 hours ago

WASHINGTON (AP) — Democrats on a special congressional debt-reduction supercommittee want it to include jobs creation as part of its work, a task that would complicate the newly created panel's already formidable assignment.

The bipartisan, 12-member committee was scheduled to hold its opening meeting Thursday, a session that was supposed to be limited to opening statements and approval of its rules. The initial meeting was expected to be far less rancorous than this summer's bitter partisan brawl over extending the federal debt ceiling, which ended with a deal between President Barack Obama and lawmakers that created the supercommittee.

The panel is charged with finding, by Thanksgiving, $1.5 trillion in savings over the next decade, no easy task given the capital's sharp partisan divisions. Democrats want to produce a mix of spending cuts and revenue increases. Republicans have insisted they would oppose tax increases, though some have indicated they might accept the closing of some tax loopholes.

[mmonk]

1. You can't accomplish opposite things. You can address the job creation

first which will help alleviate the debt cutting but you can't start with the cutting which has already been in play and choked off any signs of a recovery in reference to jobs.

[Javaman]

2. fat chance.

this so called "super committee" is nothing but a money suck.

They won't do a damn thing except suck down more of our money and make all sorts of bullshit fluff recommendations that won't amount to anything.

we are such suckers.

Isn't anyone completely appalled that it's come to this? Christ!

[MineralMan]

3. My prediction about this committee is that it won't reach agreement

on anything. I believe the fallback measures will take effect, and that both sides will blame the other for what happens. That's why it contains cuts to defense and "entitlement" programs. Someone for everyone to yell at the others about.

I don't expect any solutions to come out of this Congress at all. That is why the 2012 congressional and state legislative elections are so critical. This will have to be fixed in the next Congress. The makeup of that Congress is going to be critical to which direction it goes.

We MUST turn out individually and turn out other voters to reclaim both the Congress and state legislatures. Anything else is a disaster. The 2012 election is not about Obama. It is about Congress and our state legislatures.

[Romulox]

4. LOL. nt