'Critical' day for deficit super committee
November 16th, 2011
12:53 PM ET
3 years ago

'Critical' day for deficit super committee

Washington (CNN) - Wednesday could prove to be the pivotal day for the congressional deficit reduction super committee as it struggles to reach a deal with only one week to go before its statutory deadline.

Rep. Chris Van Hollen of Maryland and Sen. Patty Murray of Washington - two of the panel's six Democrats - both described the day as "critical."

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Filed under: Congress • Debt • Deficit • Deficit commission
soundoff (14 Responses)
  1. RJWTimes Bradford England

    Cut the military. $800 billion to go at.

    November 16, 2011 12:56 pm at 12:56 pm |
  2. Democrat Class Warfare - Destroying the economy, destroying the country

    So where is the Democrat's plan to cut spending to get to a balanced budget??? Exactly WHAT REAL CUTS are they going to vote for?

    And just how is any of this "on the backs of the middle class" when almost HALF the people in thisw country pay NO federal income tax? Isn't it more like "on the backs of the minority that work and pay taxes"???

    November 16, 2011 01:06 pm at 1:06 pm |
  3. Democrat Class Warfare - Destroying the economy, destroying the country

    Cut the military. $800 billion to go at
    ============================
    if we didn't have a $15 TRILLION debt, we would save $451 BILLION in interest payments. If interest rates climb, we are in real deep do-do.

    November 16, 2011 01:23 pm at 1:23 pm |
  4. Rudy NYC

    somebody wrote:
    So where is the Democrat's plan to cut spending to get to a balanced budget??? Exactly WHAT REAL CUTS are they going to vote for?
    -----------–
    Democrats don't have a plan to balance the budget to by cutting spending alone. At least not yet. Don't hold your breathe waiting for it, either. That's the conservative "solution" for balancing the budget. Cutting spending is treating the symptom and not the problem.

    The liberal solution is to undo the damage caused by ill-advised tax cuts. The problem began with the tax cuts, and was further aggravated by the increased spending by the Republican in the White House and the Republican controlled Congress. Why do you think they were voted out of the Congress in 2006, and the White House in 2008? It wasn't because America wanted to play musical chairs.

    November 16, 2011 01:31 pm at 1:31 pm |
  5. ConservaFASCISTS/TeaHadists/Tea Queda/TeaLiban

    I have absolutely no faith in this committee. I believe drastic cuts are going to be made via the "trigger" and no one is going to be happy, especially the middle class.

    November 16, 2011 01:40 pm at 1:40 pm |
  6. Fair is Fair

    "I have absolutely no faith in this committee. I believe drastic cuts are going to be made via the "trigger" and no one is going to be happy"
    -----
    Someone get the smelling salts – I actually agree with one of your comments. The Mayans must have been right.

    November 16, 2011 01:46 pm at 1:46 pm |
  7. Orchid333

    I'm so sick of hearing the VERY generalized whining about "47% of americans don't pay taxes". That is such a false statement it makes me sick, and the Republican crazies are brainwashing people with nonsense. Here's the FACTS:
    There are still property taxes, state income taxes, payroll taxes, sales taxes and excise taxes, just to name a few.
    To actually pay zero taxes, someone would have to be unemployed, not own any property, live in Delaware, Montana, New Hampshire or Oregon, where there is no sales tax, and not buy anything that has an excise tax, such as alcohol, cigarettes or gasoline. When you look at ALL the taxes people pay, you might actually realize that the lack of a federal income tax paid is completely minute compared to all the money that is collected.

    As for your ranting about "what are the Dems doing, blah, blah, blah" – you can cry all you want but there's nothing you can say until a proposal comes out, can you? You'd be better off spending your time talking to your congressional representative about such complaints, as they're the ones who are paid to listen. You just sound silly crying about it on here.

    November 16, 2011 01:48 pm at 1:48 pm |
  8. K DOG

    What consequence does this have? they still get paid to represent us, while fighting fo their campiagn contributors, we will never get out of this, war with china is next, or maybe iran, oohh ,i know lets do both

    November 16, 2011 01:51 pm at 1:51 pm |
  9. THE LONE OKIE

    Cut everything, no exceptions, even defense back to the 1940's level.

    November 16, 2011 01:52 pm at 1:52 pm |
  10. Larry L

    Fact: Real cuts must come from Medicare/Medicaid, the Department of Defense, and Federal Entitlement Programs.

    Fact: Additionally, tax revenues must increase and the trickle-down policies touted by rich Republicans won't do it – it's never done it. This must include taxes on capital gains, deferred income, stock options, and other ways the rich use to dodge tax liability.

    Fact: Loopholes must be closed for both the rich and the poor. "Earned Income" isn't earned and oil companies don't need subsidies. Nobody should get deductions for more than a couple of kids – it's your choice to have them so why shouldn't you pay for their existance?

    Fact: The increasing rate of disparity of wealth between economic classes must be reduced – this requires increased inheritance tax rates and increased educational opportunities for the poor.

    Fact: We don't have the stomach for these changes and politicians don't have the character to do the right thing.

    November 16, 2011 01:56 pm at 1:56 pm |
  11. GI Joe

    Cut Congressional salaries. That's a start. They do nothing, so why the big pay?

    November 16, 2011 02:01 pm at 2:01 pm |
  12. The Greedy Old Pigs have declared class war on US!

    Either average Americans are about to get sold out yet again, or the GOBP deathcult is planning to shut down government yet again so our credit rating will drop another notch. It has become quite clear that the GOBP deathcult cares only about the needy and not the greedy. What they are doing now is giving us 99%ers a giant middle finger as they kneel before their 1% overlords.

    November 16, 2011 02:09 pm at 2:09 pm |
  13. Fair is Fair

    @ Larry L –

    Well put. Just 1 thing – inheritance tax? Hasn't tax already been paid on those assets? Taking that to the logical conclusion, those assets would all be owned by the federal government within a few generations, wouldn't they?

    November 16, 2011 02:15 pm at 2:15 pm |
  14. Mikey

    @ Fair is Fair
    "I have absolutely no faith in this committee. I believe drastic cuts are going to be made via the "trigger" and no one is going to be happy" Someone get the smelling salts – I actually agree with one of your comments. The Mayans must have been right.
    ******
    You're going to need lots of those smelling salts, because you agree with two liberals. Although under pressure, they might come up with something, but it probably won't be good. We don't need to put a gun to the head of a committee. The members of Congress need to work together and compromise to find a workable solution. That's what we pay them to do.

    November 16, 2011 02:23 pm at 2:23 pm |