Co-chairs of special deficit panel issue first statement
August 24th, 2011
05:51 PM ET
8 years ago

Co-chairs of special deficit panel issue first statement

WASHINGTON (CNN) - President Barack Obama will propose ideas for how the special congressional committee created by the recent debt ceiling deal can reach a deficit reduction plan that exceeds the required $1.5 trillion total, a White House spokesman said Wednesday.

"It's fair to say that the White House and the president will lay out some specific ideas about how ... the super committee can go beyond their $1.5 trillion mandate," said Josh Earnest, the deputy White House press secretary.


Filed under: Congress • Debt • Deficit • Deficit commission
soundoff (7 Responses)
  1. robert

    ha!ha!ha! the prez talks a lot about proposing ideas but can never put pen to paper in say........3 years! time to hold this community organizer accountable for spending the peoples money foolishly.

    August 24, 2011 09:43 pm at 9:43 pm |
  2. CA Dream USA

    America the un-employed , working poor ,working middle class and our seniors need to keep speaking up at the town halls and up to marching on Washington and everyone of these Tea Party big business lovers districts to tell them stop cutting ,jobs ,taxes ,benefits and hurting working families all across America with ONE LOUD VOICE WE ARE PEOPLE TOO !!!!!!!

    August 24, 2011 09:44 pm at 9:44 pm |
  3. Rick McDaniel

    1.5 trillion is a drop in the bucket. We should see at minimum, 3 trillion in cuts. Plus, we should see a total rejection of Obama's proposed new spending initiatives.

    August 24, 2011 10:00 pm at 10:00 pm |
  4. dd

    To bad only half of them will be receptive to ideas fron Our President! its a damn shame that the republicans cant be honest with themselves or others. our president is a smart man and should get respect from all of us.

    August 24, 2011 10:05 pm at 10:05 pm |
  5. J.V.hodgson

    They are meeting to discuss how to conduct the meetings and how often they should meet!!??
    Already this idea is a failure because it will bog down into the order of priority of areas of discussion = Repubs will want spending cuts first and taxes last. Dems vice versa.
    My god its easy to fix a meeting schedule weekly Fridays at least please , with daily liason meetings from support teams, who present plans and ideas on what to do per below agenda for up down discussion and vote. Need more time work Sat /Sunday to agree that weeks topic = 3 days of debate if needed.
    Agenda. 1 week each and on alternate weeks on Cuts /revenue generators in the first 4-6 weeks of the 12 weeks they have. Then hit the sword of damocles cut items if they were to fail to agree of Defense and Medicare 2 weeks for that.
    Then move onto to other expenditure cuts based on The Obama debt commision and Ryan budget plan 2 weeks on Ryan Repub topics they select and 2 weeks on Bowles Simpson topics selected by Dems. Whatever the President puts forward early September has to be part of the agenda.
    No one controls the whole agenda, faces all the issues and political sides views with time cut offs and thru support teams allows the CBO to come up with the numbers. These guys have to agree a referee on the Numbers game. the CBO was created by the House and Senate, so listen.
    If there are big diputes they can call Witnesses to additional congressional committee meetings and then re-vote undecided items from Friday ( weekend) meetings

    August 25, 2011 12:50 am at 12:50 am |
  6. diridi

    this deficit is from Iraq war, and Reagan Trickle Down Economy. Is this statement. Factum Valet.......

    August 25, 2011 07:40 am at 7:40 am |
  7. 2012liberal

    Been there done that. Only so many commision. As long as u have gop involved no resolution will b had. Simson-bole, gang of six, biden comm. Which repub have walked out of at one point or another. All presidents ideas have been brought into every group. No tax increases ever. 2 the death 'of this country'! God bless us and our president.

    August 25, 2011 07:51 am at 7:51 am |