Supercommittee failed

Charles Collier, Staff Writer

The “Joint Select Committee on Deficit Reduction”, made up of twelve members of Congress and equally divided by Republicans and Democrats, has failed its goal to save 1.2 trillion dollars over the next ten years. November 21, 2011 at midnight was the committee’s deadline to reach an agreement for their plan. By not reaching an agreement this will trigger spending cuts of nearly every government program to up to ten percent. The cuts will not go into effect until after thirteen months.

The “Supercommittee” was created when the Budget Control Act of 2011 was signed into law by President Obama a few months back. The main problem that caused the disagreement was the different tax ideas presented by the different parties. Republicans wanted to lower taxes while Democrats pushed for higher taxes. This created a stalemate, which ultimately lead to the failure of the committee.

The media also put a lot of pressure on the committee, which made things more difficult. None of the members wanted to admit failure, though some did agree to interviews before the deadline and stated they had “high hopes” for the future despite the time that had been lost.

Members from both parties have also criticized the committee saying it doesn’t help the problem, only prolonging it until a real solution is put into place. Overall, no plan, solution, or bill was submitted to a vote to the Senate thus proving the committee failed in the few months it had to produce the results needed. Government programs like Social Security, Medicare, and Medicaid will be affected with cuts.