Friday, October 14 was the deadline for recommendations to the 12-member Super Committee on Deficit Reduction on how to cut federal spending by up to $1.2 trillion. With the Nov. 23 deadline for the super committee to unveil a proposal fast approaching, no one is certain how the 12-member Committee will go through the mounds of proposals, emails and data they have, and are continuing to receive. National Journal is reporting that “few if any of the suggestions (received) are likely to be innovative or ground-breaking in terms of policy.”
Yesterday, Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) and Ranking Member Pat Roberts (R-KS) met with US House Agriculture Committee Chairman Frank Lucas (R-OK) and Ranking Member Collin Peterson (D-MM) sent their proposal that cuts $23 billion from the agriculture budget baseline. This may allow the agriculture committees to complete the next Farm Bill by the end of this session.
To date it remains unclear how the Super Committee will proceed on publicly releasing their proposals. To monitor the Committee’s progress go to their website at http://www.deficitreduction.gov/public/
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