View from the Hill BLOG: Talk is Cheap, Speculation is Cheaper
The Joint Select Committee on Deficit Reduction, or as I like to call them- the Not So Super Committee, has until Wednesday of next week to finally submit their proposal for slashing $1.2 trillion from the nation’s 10-year deficit. As predicted by the media, most of Washington, and all 2nd graders, things are not progressing well and the committee will most likely fail to produce a complete proposal by their aforementioned deadline. Conservatives have re-proposed the balanced budget amendment, and it will likely be taken up for a vote as early as today. However, most legislative activity has come to a screeching halt as legislators wait to see just what the Super Committee’s proposal will contain.
