The final three members of the 12-person congressional “super committee” charged with finding $1.5 trillion in deficit reductions were named today.
Pelosi names final three to deficit panel
House Minority Leader Nancy Pelosi appointed three party leaders to the panel: Reps. James Clyburn (S.C.), assistant minority leader; Xavier Becerra (Calif.), Democratic Caucus vice chair; and Chris Van Hollen, ranking member on the Budget Committee.
“We must achieve a ‘grand bargain' that reduces the deficit by addressing our entire budget, while strengthening Medicare, Medicaid and Social Security,” Pelosi said in a written statement. “Because the work of this committee will affect all Americans, I called last week for its deliberations to be transparent; the committee should conduct its proceedings in the open.”
Pelosi also emphasized the need for the committee's final package to include new “investments” and “revenues,” which will likely be a point of conflict with the panel's Republican members, who generally oppose additional spending and taxes as part of deficit reduction.
The final members will join a committee evenly split between Republicans and Democrats, that is charged with producing $1.5 trillion in deficit reductions by Nov. 23 or $1.2 trillion in automatic cuts will occur, including up to 2% of Medicare providers' reimbursements.
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.