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The Voter’s Speakeasy featuring unbiased reporting and insight into life at Vote Smart from our staff, interns, and volunteers.

Response from major parties following 'SuperCommittee' failure

2011 November 29

The inability of the Joint Select Committee on Deficit Reduction, or 'Supercommittee', to come to an agreement to reduce the United States' government debt by over one trillion dollars has prompted a significant response by both Democrats and Republicans. The following is a portion of the comments that we have recently added to our website regarding this issues from leaders of both major parties:  

President Barack Obama states, “They [Democrats and Republicans] can still come together around a balanced plan”. If, however, a compromise can not be reached, “the sequester kicks in and these automatic spending cuts will occur that bring in an additional $1.2 trillion in deficit reduction”.

Secretary of Defense Leon Panetta voiced his concerns for military families now facing benefit cuts, stating “...[these] additional cuts demanded by sequester would lead to a hollow force incapable of sustaining the missions it is assigned. If implemented, sequester would also jeopardize our ability to provide our troops and their families with the benefits and the support they have been promised. Our troops deserve better, and our nation demands better."  

Speaker of the House John Boehner (R-OH) states that while “[t]his process did not end in the desired outcome... it did bring our enormous fiscal challenges into greater focus.” He remains confident that “the work done by this committee will play a role in the solution we must eventually find as a nation.” 

Minority Leader Nancy Pelosi  (D-CA) states that while Democrats “repeatedly supported a big, bold, and balanced plan to reduce our ...

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'Supercommittee' misses deadline

2011 November 22

The U.S. Congress Joint Select Committee on Deficit Reduction was established with the goal of improving both the short and long term financial outlook of the US and reducing the deficit “ at least $1,500,000,000 over the period of fiscal years 2012 to 2021” But they missed their deadline...

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