Sunday, October 9, 2011

Negative Quiddity: Supercommittee Budget Battle

The bipartisan supercommittee working on budget cuts is working as planned. It has achieved a stalemate with no significant results. Planned leaks from aides of the supercommittee membership tattle that the democrats won’t agree to any cuts in Medicare or Medicaid unless there are significant new revenues, which is to say, tax hikes.

If no deal is made, then an automatic sequestering will be made across all agencies.

"I made it clear to the Republican members of the supercommittee that I expect there will be an outcome, that there has to be an outcome. The sequester that was built behind this is ugly, and it was meant to be ugly so that no one would go there. I don't underestimate how hard it's going to be to come to an agreement by the so-called supercommittee, but we have to get to one."

              -- House Speaker John Boehner at a Washington forum on Thursday.

However, the sequestering of funds doesn’t commence until January of 2013, after the next election.

Therefore it is likely that the supercommittee will meet, carp, bicker and connive while leaking misinformation to the press about the lack of progress. Both parties picked stubborn hacks to serve on the committee, so it is going to be nearly impossible to get four votes of approval for anything.

-- translated from inside-the-beltway-speak into plain English by the blog author from:

http://www.cbsnews.com/stories/2011/10/09/politics/main20117876.shtml

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