434:, guaranteeing a pure majority vote in both chambers. A "trigger mechanism" was included in the bill to enact $ 1.2 trillion in automatic spending cuts in the event that the committee could not agree on a recommendation or the full Congress failed to pass it. The bill stipulated that this automatic second installment of deficit reduction measures be split between the national security and domestic arenas, with the biggest entitlement programs excluded. The targeting of the automatic cuts was intended to provide incentives to both sides to compromise.
516:... The downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges ... (we are) pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon. The outlook on the long-term rating is negative.
75:
Congressional debate and resulting in a passed bill by
December 23, 2011. On November 21, the committee concluded its work, issuing a statement that began with the following: "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." The committee was formally terminated on January 31, 2012.
557:
and a triumph of political ideology over genuine leadership. An ORC International poll conducted
November 11–13 reports that 19% of respondents would hold both parties responsible for failure to reach an agreement; 32% of respondents thought Democrats would have a greater responsibility, and 42% Republicans (±3%). A
1167:
Congressional leaders say this panel has a better chance than many of its predecessors because the debt deal creates a strong incentive for bipartisan agreement: If the committee fails to agree or to win approval for a plan from the House and the Senate, the government will automatically cut at least
1135:
The second step in the process would come from the
Congressional Joint Select Committee on Deficit Reduction, a special congressional committee that would be mandated with finding $ 1.5 trillion in spending cuts. If the committee fails to find that amount, there would be an automatic trigger chopping
556:
before being presented to
Congress. After financial markets closed on Monday November 21, 2011, the committee issued a statement that it had failed to reach agreement. This failure despite the extraordinary conditions under which the committee operated was viewed by both sides as a missed opportunity
534:
It's a punt. I mean, it's one more occasion where
Congress has basically punted, kicked the can down the road, use what metaphor you want. It cuts $ 21 billion out of the 2012 budget, which is the only budget over which this Congress actually has any authority ... The Democrats are saying no cuts to
1194:
The Budget
Control Act says: "The goal of the joint committee shall be to reduce the deficit by at least $ 1.5 trillion over the period of fiscal years 2012 to 2021." It also says that the Congressional Budget Office shall provide estimates of the impact of the committee's proposal s that are based
979:
That means the most important players will be the four people picking the 12 lawmakers who'll be conducting those talks: Speaker John
Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-San Francisco) in the House, and Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.)
569:
Committee co-chair Jeb
Hensarling blamed Democratic committee members for insisting on "a minimum of $ 1 trillion in higher taxes" and unwillingness to agree to "structural reforms" to health-care entitlement programs. Jon Kyl framed the failure as a question of the scope and size of the government
544:
The initial proposal from the
Democrats on the committee offered 3 trillion in deficit reduction, including 1.3 trillion in new revenue and 400 billion in Medicare savings, but was rejected on partisan lines for the level of tax increases. The Republican Toomey plan proposed 1.2 trillion in deficit
604:
Deficit reduction and the automatic cuts scheduled to take effect in
January 2013 were viewed as likely to figure in the 2012 presidential election. President Obama stated that he would veto any attempt by Congress to cancel the $ 1.2 trillion sequester. These sequestrations figured prominently in
486:
Criticism of the committee arrangement included comments from lawmakers concerned by how rapidly the Budget Control Act legislation was put together; they objected to having little time to review the rules by which the committee would operate, and to the lack of input on the mechanism from public
401:
The committee was charged with issuing a recommendation by November 23, 2011, for at least $ 1.5 trillion in additional deficit reduction steps to be undertaken over a ten‐year period. This would have been the second installment of deficit reduction measures. Possible areas to be examined by the
648:
Following the announcement that the committee had failed to reach agreement, a group of government watchdog organizations posted an open letter to President Obama and ranking members of Congress calling for the release of committee working documents. It argues that the proposals could serve the
499:
predicted that the committee would become deadlocked with a "stacked deck" of members opposed to new revenues. An analysis in the New York Times described the committee as similar to other "blue-ribbon panels" established during the past seventy years as a way to "give political cover to policy
586:
Committee co-chair Patty Murray blamed Republican committee members for insisting that the "wealthiest Americans and biggest corporations be protected from paying a penny more" at the expense of the middle class. John Kerry put the blame on "the Republican insistence on making tax cuts for the
1035:
Reid said in a statement that Murray was tapped to co-chair the committee. 'As the events of the past week have made clear, the world is watching the work of this committee. I am confident that Senators Murray, Baucus and Kerry will bring the thoughtfulness, bipartisanship and commitment to a
74:
was to cut at least $ 1.5 trillion over the coming 10 years (avoiding much larger "sequestration" across-the-board cuts which would be equal to the debt ceiling increase of $ 1.2 trillion incurred by Congress through a failure to produce a deficit reduction bill), therefore bypassing
133:
predicted before the committee was constituted that the "most important players" in the process would be the four leaders selecting the twelve committee members. Commentators noted that the plan would advance with a seven-member majority if any single member deviated from party lines.
1009:
Members of the panel, the Joint Select Committee on Deficit Reduction, will be named within two weeks and will have until Nov. 23 to recommend cuts. If it fails to reach agreement or if Congress and the president kill its recommendations, $ 1.2 trillion in cuts would be implemented
472:
Supporters believed that the prospect of imminent across–the–board spending cuts if the committee's measures were not adopted would be sufficiently "distasteful to lawmakers" to prompt them to act and to impart a "strong incentive for bipartisan agreement." Representative
570:
and whether the deficit could best be dealt with by increased taxes or by increased economic growth. Pat Toomey called his proposal a "genuine compromise" that included increased tax revenues by reforming and simplifying the tax code, as well as spending reductions. The
500:
makers to make unpopular changes"; in most past cases Congress has ignored the panel proposals or procrastinated enacting them. A future Congress could override any decisions made, since one Congress cannot "bind another." A variety of watchdog groups, including
402:
committee included: revenue increases, including raising taxes; tax reforms, such as simplifying the tax code and eliminating some tax breaks and loopholes; military spending cuts; and measures to reform and slow the growth of entitlement programs, including
1497:
No. It's a punt. I mean, it's one more occasion where Congress has basically punted, kicked the can down the road, use what metaphor you want. It cuts $ 21 billion out of the 2012 budget, which is the only budget over which this Congress actually has any
69:
that avoided a U.S. sovereign default. The committee recommendation was to have been subject to a simple vote by the full legislative bodies without amendment; this extraordinary provision was included to limit partisan gridlock. The goal outlined in the
1524:
Congressional leaders haven't picked the 12 members of the uniquely powerful "super-committee" that will recommend $ 1.5 trillion in spending cuts to reduce the deficit, but watchdog groups want to limit the influence of industry lobbyists on their
565:
poll conducted on November 21 after the announcement finds that 55% apportioned blame equally to the Republicans and the Democrats on the committee, with 24% blaming the Republican members more and 15% blaming the Democratic members more (±4%).
1461:
I don't remember ever having elected a Super Congress. However, apparently there will be a committee of twelve that will effectively run our country. This "Super Congress" of twelve will recommend cuts that will basically go unchallenged.
477:
of New Jersey supported the idea as a way to "avoid a default" although he expressed concerns that it would take too long for lawmakers to learn the "nuances of Medicare and Medicaid" with respect to intricate reimbursement formulas.
126:
of the Senate. Two of the members were designated as co-chairs, one each by the Senate Majority Leader and by the Speaker of the House. The law made no requirement that either chair be from a specific house or a specific party. The
869:
Lawmakers from both parties expressed scorn on Monday for a central feature of the deficit-reduction deal that creates a powerful 12-member committee of Congress to recommend major changes in entitlement programs and the tax code.
384:
increased the debt ceiling by $ 400 billion in August 2011. Concurrently, it required the federal government to make $ 917 billion in spending cuts over a ten-year period as a first installment. This was based on estimates by the
17:
591:
due to expire in 2013. Nancy Pelosi blamed Republican rejection of a "balanced approach", and Harry Reid put the point of no compromise on the Republican proposal to privatize Medicare. Former Secretary of Defense
1629:
Who do you think would be mostly to blame if the Committee and the President are not able to agree on a plan to reduce the deficit, President Obama and the Democrats in Congress, or the Republicans in Congress?
644:
affirmed its AAA rating but revised their outlook to negative, citing "declining confidence that timely fiscal measures necessary to place U.S. public finances on a sustainable path ... will be forthcoming."
582:
celebrated the impasse as preventing a "poorly-timed tax hike". Republicans have also criticized Obama for his hands-off approach; the president was out of the country during the final week of negotiations.
300:
791:
487:
hearings or debate. Legislators from both major parties expressed concern that the arrangement would "usurp their authority to write and revise legislation." Presidential candidate Representative
94:
found inexact parallels between the Joint Select Committee and various historical joint committees. The only precedent for the committee's power to write and report legislation is the 1946–1977
1379:
1357:
1335:
1313:
508:, were concerned that lobbyists would influence the proceedings, and asked that lawmakers disclose meetings with lobbyists and refrain from political fundraising during the selection process.
1755:
729:
495:
critic R. W. Sanders described the committee as "unelected" with power to "effectively run our country" and possibly issue budget cuts that would "basically go unchallenged." Senator
350:
764:
677:. Except for the five public hearings, the committee proceedings comprising the majority of the negotiations and counter-offers will remain sealed for 20 years under current rules.
561:
poll conducted November 14–20 indicates that voters blamed the looming impasse on Congressional Republicans 44% to 38% (±1.9%) over President Obama and Congressional Democrats. A
1604:
If the supercommittee does not agree on a deficit reduction plan, do you think that the Democrats in Congress or the Republicans in Congress would be more responsible for that?
426:
The committee's recommendations were to have been put to a simple up or down vote by Congress by December 23, 2011. The vote would not have been subject to amendments, House "
1480:
1291:
632:
affirmed their AA+ rating; the agency had downgraded the country's credit rating in August 2011, citing Congressional resistance to new revenue measures and fears that the
596:
outlined the likely consequences of sequester to the defense budget, calling on Congressional Republicans to choose between "rigid antitax ideology" and national defense.
535:
entitlements. The Republicans are saying no taxes. That's great except we all know the only solution to our long-term debt problem is cuts in entitlements and new taxes.
119:
937:
2285:
2333:
369:
95:
284:
1944:
115:
2253:
1841:
1729:
1651:
674:
346:
280:
42:
2127:
1976:
512:
was pessimistic at the outset regarding the chance for serious fiscal reform; the agency downgraded the nation's credit rating from AAA to AA+, writing:
319:
292:
342:
2175:
2348:
733:
331:
83:
In both form and process, the Joint Select Committee on Deficit Reduction was an unusual construct in the American federal legislative system. The
338:
323:
1617:"November 21, 2011 - U.S. Voters Say Almost 3-1 Super Committee Will Fail, Quinnipiac University National Poll Finds; More Blame Republicans"
571:
1918:
1616:
1048:
491:
suggested that members of Congress might be under "tremendous pressure" to vote for the committee's recommendation regardless of its merit.
61:. The objective of the committee was to develop a deficit reduction plan over 10 years in addition to the $ 917 billion of cuts and initial
774:
905:
442:
While the majority of the committee's business was conducted through private negotiations, five hearings and meetings are public record.
362:
307:
1784:
2353:
2280:
2105:
1422:
963:
628:
fell to 1.96% on increased demand for stable investments. Credit rating agencies maintained their projections for US sovereign debt.
311:
123:
58:
1154:
612:
US financial markets largely anticipated the failure of the committee, leaving little room to fall following the announcement. The
288:
1484:
1999:"The last best hope: With the deficit-reduction committee's failure, American fiscal policy is drifting in a dangerous direction"
1815:
1119:
996:
558:
1889:
431:
107:
2076:
2338:
315:
88:
746:... frustration over partisan political wrangling that threatened further economic harm to an already struggling recovery.
2358:
2077:"United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative"
1511:
2051:
1181:
1677:
666:
2227:
2025:
1448:
154:
announced the Republican appointments to the committee from both houses on August 10, 2011. House Minority Leader
114:, with each delegation evenly divided between Democrats and Republicans. Three members each were appointed by the
1863:
654:
411:
327:
883:
1435:
This guarantees that Members will face tremendous pressure to vote for whatever comes out of this commission.
1208:
853:
39:
2296:
2150:
1700:
1266:
613:
84:
2305:
715:
553:
386:
1090:
813:
703:
699:
650:
606:
381:
296:
71:
66:
50:
1022:
1075:
765:"President Obama says Republican, Dem leaders have reached agreement with him to raise debt ceiling"
1537:
579:
427:
403:
1052:
2083:
712:
670:
629:
562:
509:
354:
1240:
358:
46:
2314:
2309:
1792:
545:
reduction, including 300 billion in new revenue, but was rejected because it lowered the top
530:
predicted the committee would deadlock without a majority favoring a specific plan, writing:
1588:
1136:$ 1.2 trillion. The budget office used the smaller figure to reach the $ 2.1 trillion total.
1407:
449:
September 13, 2011: Hearing on The History and Drivers of Our Nation's Debt and Its Threats
111:
649:
public interest by providing a basis for public debate going forward. The group comprised
8:
2343:
769:
658:
1195:
on current law, and, under current law, all the Bush tax cuts expire at the end of 2012.
2290:
2201:
1402:
1036:
balanced approach that will produce the best outcome for the American people,' he said.
372:; all four had voted against the Simpson-Bowles plan that emerged from that committee.
1562:
1550:
Standard & Poor's issued a statement Friday about their downgrade of U.S. debt ...
455:
October 26, 2011: Hearing - Overview: Discretionary Outlays, Security and Non-Security
349:. Clyburn was the third-ranking House Democrat. Becerra was the ranking member of the
129:
54:
942:
268:
452:
September 22, 2011: Hearing - Overview: Revenue Options and Reforming the Tax Code
552:
The final agreement would have needed to undergo a 48-hour vetting period by the
501:
492:
151:
1168:$ 1.2 trillion over 10 years from hundreds of military and nonmilitary programs.
817:
1949:
1213:
527:
256:
231:
91:
574:
have each stated that deficit reduction should not include any tax increases.
2327:
792:"Statement from Co-Chairs of the Joint Select Committee on Deficit Reduction"
633:
593:
588:
415:
390:
1730:"U.S. Supercommittee Fails to Reach Agreement as Across-the-Board Cuts Loom"
546:
2254:"Three days left: why debt super committee is poised to throw in the towel"
1095:
992:
854:"Lawmakers in Both Parties Fear That New Budget Panel Will Erode Authority"
496:
179:
155:
147:
2318:
2176:"open letter calling for the release of supercommittee working documents"
1998:
1314:"Hearing on The History and Drivers of Our Nation's Debt and Its Threats"
662:
641:
575:
474:
262:
210:
393:. Under the Act, government revenues were projected to rise after 2012.
637:
621:
505:
240:
216:
194:
188:
143:
62:
1358:"Hearing - Overview: Discretionary Outlays, Security and Non-Security"
146:, announced the Senate's Democratic members of the committee. Speaker
1023:"Nine spots left to be filled on deficit-reduction 'super committee'"
389:
using current-law economic baseline, including the expiration of the
246:
1842:"Deficit-reduction chair says she's not done working for compromise"
1382:. United States Congress Joint Select Committee on Deficit Reduction
1360:. United States Congress Joint Select Committee on Deficit Reduction
1338:. United States Congress Joint Select Committee on Deficit Reduction
1316:. United States Congress Joint Select Committee on Deficit Reduction
1294:. United States Congress Joint Select Committee on Deficit Reduction
488:
407:
18:
United States Congress Joint Select Committee on Deficit Reduction
2300:
2128:"Fitch Affirms United States at AAA; Outlook Revised to Negative"
938:"Bold Is Beautiful: The Super Committee Offers a Glimmer of Hope"
204:
106:
The committee comprised twelve members of Congress, six from the
1652:"Both Parties Set to Use Failure of Debt Deal for 2012 Campaign"
1423:""Super Congress" is Most Disturbing Component of the Debt Deal"
1336:"Hearing - Overview: Revenue Options and Reforming the Tax Code"
1155:"Bush tax cuts loom as next battleground in fight over deficit"
625:
617:
458:
November 1, 2011: Hearing - Overview of Previous Debt Proposals
1816:"Why the Super Committee Deadlock Is a Victory, Not a Failure"
1120:"CBO confirms that debt-ceiling plan would cut $ 2.1 trillion"
310:(Foreign Relations and Finance, respectively), members of the
2106:"Moody's: US Rating Unaffected by Deficit Committee Outcome"
1977:"Recession Possible if Impasse Persists, Budget Office Says"
1945:"President Obama Makes a Statement about the Supercommittee"
1678:"Americans Blame Both Sides of "Supercommittee" for Failure"
1403:"Debt ceiling debate has lawmakers tired of last-minute jam"
1961:
1225:
1778:
1776:
1723:
1721:
1645:
1643:
1641:
1639:
1637:
961:
368:
Baucus, Becerra, Camp, and Hensarling had served on the
53:
on August 2, 2011. This act was intended to prevent the
2149:
Neumann, Jeannette; Matt Phillips (November 28, 2011).
2069:
1728:
Dodge, Catherine; Kathleen Hunter (November 21, 2011).
370:
National Commission on Fiscal Responsibility and Reform
616:
was down 2.1% on the day of the announcement, and the
1773:
1718:
1634:
2228:"Debt-reduction 'supercommittee' Hid in Plain Sight"
2148:
1727:
1264:
1241:"In Need of Deficit Plan, Congress Opts for Several"
730:"White House, congressional leaders reach debt deal"
675:
Citizens for Responsibility and Ethics in Washington
1756:"Lawmaker recounts experience on 'super committee'"
1265:Hook, Janet; Naftali Bendavid (November 22, 2011).
964:"Deficit reduction: Who matters now in Washington?"
852:Pear, Robert; Rampell, Catherine (August 1, 2011).
786:
784:
1919:"Deficit Supercommittee Officially Admits Failure"
1785:"Supercommittee failure complicates election year"
1563:"US 'super-committee' fails to reach deficit deal"
906:"Makeup of deficit-reduction 'supercommittee' set"
704:
640:affirmed a rating of AAA with a negative outlook.
587:wealthiest Americans permanent", referring to the
2325:
781:
1912:
1910:
1890:"Republicans Are Endangering National Security"
1481:"Zakaria: Super committee will likely deadlock"
1380:"Hearing - Overview of Previous Debt Proposals"
727:
2334:Joint committees of the United States Congress
2026:"What The Failure Of The Supercommittee Means"
1401:Raju, Manu; Allen, Jonathan (August 2, 2011).
728:Silverleib, Alan; Cohen, Tom (July 31, 2011).
1512:"Groups: Limit lobbying of deficit committee"
1182:"Can the Super Committee Raise Taxes or Not?"
414:. According to White House economics adviser
2252:Chaddock, Gail Russell (November 21, 2011).
1917:Fontevecchia, Agustino (November 21, 2011).
1916:
1907:
1538:"S & P statement on U.S. debt downgrade"
1051:. MSNBC.com. August 10, 2011. Archived from
158:announced her choices on the following day.
851:
758:
756:
754:
363:Democratic Congressional Campaign Committee
357:. Van Hollen was the ranking member of the
351:Ways and Means Social Security Subcommittee
101:
32:Joint Select Committee on Deficit Reduction
2202:"Will supercommittee release its secrets?"
1698:
1049:"Boehner names his 'super committee' trio"
935:
316:ten most senior members of the U.S. Senate
1619:. Quinnipiac University Polling Institute
1474:
1472:
1470:
1400:
1258:
1148:
1146:
1144:
1015:
957:
955:
953:
931:
929:
927:
925:
923:
882:Walker, Molly Bernhart (August 9, 2011).
847:
845:
794:. deficitreduction.gov. November 21, 2011
446:September 8, 2011: Organizational Meeting
2349:2011 establishments in the United States
2251:
1782:
1509:
1206:
1076:"Pelosi reveals "super committee" picks"
843:
841:
839:
837:
835:
833:
831:
829:
827:
825:
751:
695:
693:
691:
689:
437:
289:Democratic Senatorial Campaign Committee
78:
2151:"Fitch Cuts Its Outlook on U.S. Credit"
1888:Cohen, William S. (November 21, 2011).
1676:Jones, Jeffrey M. (November 22, 2011).
1649:
1478:
1446:
1238:
1073:
962:Times' Opinion staff (August 4, 2011).
762:
559:Quinnipiac University Polling Institute
326:. Portman was a former director of the
57:that could have resulted from the 2011
14:
2326:
2049:
1974:
1813:
1753:
1530:
1503:
1467:
1440:
1415:
1179:
1173:
1141:
1117:
1111:
1091:"Super committee: Who are these guys?"
991:
985:
950:
920:
881:
539:
347:House Committee on Energy and Commerce
281:Senate Democratic Conference Secretary
87:process provides a partial precedent.
2023:
1887:
1861:
1699:Hensarling, Jeb (November 22, 2011).
1675:
1510:Schouten, Fredreka (August 4, 2011).
1449:"The Super Congress We Did Not Elect"
1239:Rampell, Catherine (August 4, 2011).
1088:
936:Brownstein, Ronald (August 5, 2011).
822:
721:
686:
421:
293:House Committee on Financial Services
285:Senate Committee on Veterans' Affairs
27:United States Congressional committee
1152:
462:
306:Kerry and Baucus were each chairing
142:On August 9, Senate Majority Leader
2225:
2200:Kim, Seung Min (December 5, 2011).
2199:
1783:Kuhnhenn, Jim (November 23, 2011).
1650:Dorning, Mike (November 22, 2011).
291:. Hensarling was vice-chair of the
24:
2315:Contributions to committee members
2050:Hudson, John (November 21, 2011).
1839:
1814:Kerpen, Phil (November 21, 2011).
1479:Zakaria, Fareed (August 4, 2011).
1425:. Business Insider. August 3, 2011
1118:Muskal, Michael (August 1, 2011).
1089:Riley, Charles (August 11, 2011).
709:Tooltip Public Law (United States)
572:Republican presidential candidates
521:Standard & Poor's, August 2011
34:, colloquially referred to as the
25:
2370:
2354:Organizations established in 2011
2274:
2024:Davis, Marc (November 29, 2011).
1942:
1862:Kerry, John (November 21, 2011).
1447:Sanders, R. W. (August 2, 2011).
1074:Madison, Lucy (August 11, 2011).
763:DeFrank, Thomas (July 31, 2011).
667:Citizens Against Government Waste
396:
339:House Committee on Ways and Means
301:House Republican Conference Chair
65:increase of $ 900 billion in the
59:United States debt-ceiling crisis
1754:Toomey, Pat (December 8, 2011).
1701:"Why the Super Committee Failed"
1180:Wessel, David (August 3, 2011).
636:might not be allowed to expire.
418:, "everything is on the table."
96:Joint Committee on Atomic Energy
2306:Summary of similar past efforts
2245:
2219:
2193:
2168:
2142:
2120:
2098:
2052:"Why Markets Are Spooked Today"
2043:
2017:
1991:
1975:Calmes, Jackie (May 22, 2012).
1968:
1936:
1881:
1855:
1833:
1807:
1747:
1692:
1669:
1609:
1581:
1555:
1394:
1372:
1350:
1328:
1306:
1284:
1232:
1200:
1153:Pear, Robert (August 4, 2011).
1082:
1067:
1041:
908:. usatoday.com. August 11, 2011
655:Project On Government Oversight
328:Office of Management and Budget
1267:"Deficit Panel Folds Its Tent"
1207:Sterling, Gene (August 2011).
898:
884:"Backgrounder: Super Congress"
875:
806:
732:. CNN Politics. Archived from
624:were each down 1.9%. Yield on
609:discussions starting in 2012.
13:
1:
1864:"Kerry on Debt Panel Outcome"
1589:"CNN-ORC poll November 11–13"
680:
361:and had formerly chaired the
322:. Toomey was a member of the
124:Majority and Minority Leaders
2339:112th United States Congress
2108:. Moody's. November 23, 2011
1979:. The New York Times Company
997:"Don't Worry, It Gets Worse"
599:
481:
375:
85:Base Realignment and Closure
7:
1483:. CNN World. Archived from
554:Congressional Budget Office
387:Congressional Budget Office
343:Joint Committee on Taxation
295:, chairman emeritus of the
150:and Senate Minority Leader
10:
2375:
2359:United States fiscal cliff
2297:Factbox on joint committee
1540:. CBS News. August 5, 2011
814:Budget Control Act of 2011
700:Budget Control Act of 2011
651:Taxpayers for Common Sense
607:United States fiscal cliff
467:
353:and was vice-chair of the
308:standing Senate committees
297:Republican Study Committee
279:Murray was serving as the
224:
172:
137:
72:Budget Control Act of 2011
67:Budget Control Act of 2011
51:Budget Control Act of 2011
2258:Christian Science Monitor
1680:. The Gallup Organization
1184:. The Wall Street Journal
634:tax cuts of 2001 and 2003
345:. Upton was chairing the
332:U.S. Trade Representative
1292:"Organizational Meeting"
580:Americans for Prosperity
428:majority of the majority
324:Joint Economic Committee
312:Senate Finance Committee
122:of the House and by the
108:House of Representatives
102:Structure and membership
2030:San Francisco Chronicle
1705:The Wall Street Journal
1209:"Baselines and Balance"
671:The Heartland Institute
355:House Democratic Caucus
2286:Joint committee topics
812:Section 401(d) of the
537:
524:
359:House Budget Committee
337:Camp was chairing the
47:United States Congress
2310:Brookings Institution
2084:Standard & Poor's
1025:. CNN. August 9, 2011
777:on November 24, 2011.
630:Standard & Poor's
532:
514:
510:Standard & Poor's
438:Hearings and meetings
79:Historical precedents
1795:on November 24, 2011
430:" blocks, or Senate
320:Senate Minority Whip
2155:Wall Street Journal
2005:. November 26, 2011
1594:. ORC International
1569:. November 21, 2012
1271:Wall Street Journal
818:2 U.S.C. § 900 note
770:New York Daily News
659:Sunlight Foundation
626:ten year treasuries
540:Impasse and failure
314:and were among the
287:, and chair of the
2291:The New York Times
2226:Lardner, Richard.
2181:. December 5, 2011
1055:on August 11, 2011
886:. FierceGovernment
858:The New York Times
736:on January 2, 2013
422:Congressional vote
382:Budget Control Act
2056:The Atlantic Wire
1962:National Archives
1451:. Huffington Post
1226:National Archives
1124:Los Angeles Times
995:(July 30, 2011).
968:Los Angeles Times
549:from 35% to 28%.
547:marginal tax rate
463:Debate over merit
277:
276:
130:Los Angeles Times
110:and six from the
55:sovereign default
49:, created by the
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760:
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725:
719:
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697:
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269:Chris Van Hollen
265:, South Carolina
161:
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89:Senate historian
43:select committee
21:
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2130:. Fitch Ratings
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1953:
1943:Obama, Barack.
1941:
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502:Public Campaign
493:Huffington Post
484:
470:
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412:Social Security
399:
378:
283:, chair of the
197:, Massachusetts
174:Senate members
152:Mitch McConnell
140:
120:Minority Leader
104:
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1157:. Boston Globe
1140:
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2007:. Retrieved
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1797:. Retrieved
1793:the original
1789:Businessweek
1788:
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156:Nancy Pelosi
148:John Boehner
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2237:January 30,
2211:December 9,
2185:December 9,
1873:December 9,
1710:December 9,
1514:. USA Today
1078:. CBS News.
798:January 30,
663:OpenSecrets
622:S&P 500
576:Phil Kerpen
475:Rob Andrews
432:filibusters
263:Jim Clyburn
211:Rob Portman
2344:John Kerry
2328:Categories
1573:January 6,
1498:authority.
1220:August 31,
1103:August 11,
1059:August 10,
1029:August 10,
912:August 30,
890:August 10,
718:, Title IV
681:References
506:MoveOn.org
318:. Kyl was
271:, Maryland
249:, Michigan
243:, Michigan
241:Fred Upton
217:Pat Toomey
195:John Kerry
189:Max Baucus
144:Harry Reid
63:debt limit
1983:August 4,
1734:Bloomberg
1656:Bloomberg
1544:August 5,
1518:August 5,
1491:August 5,
1455:August 5,
1429:August 5,
1188:August 5,
1161:August 5,
1129:August 5,
1003:August 5,
973:August 5,
863:August 5,
740:August 5,
600:Aftermath
482:Criticism
376:Operation
247:Dave Camp
234:, Texas,
207:, Arizona
191:, Montana
169:Minority
166:Majority
2206:Politico
1820:Fox News
1408:Politico
526:Analyst
519:—
489:Ron Paul
408:Medicaid
404:Medicare
341:and the
236:Co-Chair
184:Co-Chair
38:, was a
2301:Reuters
2090:May 31,
1386:May 24,
1364:May 24,
1342:May 24,
1320:May 24,
1298:May 24,
705:Pub. L.
638:Moody's
468:Support
205:Jon Kyl
138:Members
116:Speaker
45:of the
1923:Forbes
711:
673:, and
657:, the
653:, the
618:NASDAQ
563:Gallup
410:, and
299:, and
213:, Ohio
112:Senate
2308:from
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2288:from
2232:Salon
2179:(PDF)
2080:(PDF)
1592:(PDF)
1525:work.
1099:. CNN
716:(PDF)
40:joint
2265:2011
2239:2012
2213:2011
2187:2011
2162:2011
2136:2011
2114:2011
2092:2012
2063:2011
2037:2011
2011:2011
1985:2012
1958:2011
1930:2011
1901:2011
1875:2011
1849:2011
1827:2011
1801:2011
1767:2011
1741:2011
1712:2011
1686:2011
1663:2011
1625:2011
1600:2011
1575:2012
1546:2011
1520:2011
1493:2011
1457:2011
1431:2011
1388:2012
1366:2012
1344:2012
1322:2012
1300:2012
1278:2011
1252:2011
1222:2011
1190:2011
1163:2011
1131:2011
1105:2011
1061:2011
1031:2011
1005:2011
975:2011
914:2011
892:2011
865:2011
800:2012
742:2011
620:and
605:the
504:and
380:The
118:and
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