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Joint Select Committee on Deficit Reduction

'They Are Now Going To Be Forced To Deal'

The Hill | Jeremy Herb | Posted 11.22.2011 | Politics

Rep. Barney Frank (D-Mass.) said the congressional supercommittee's failure Monday to come to an agreement on spending reforms was "good news" because...

Crucial Issue Doomed Deficit-Cutting Committee

AP | STEPHEN OHLEMACHER | Posted 01.22.2012 | Politics

WASHINGTON — A long-running war between Democrats and Republicans over Bush-era tax cuts doomed the debt supercommittee's chances of reaching a ...

Deficit-Cutting Committee Reaches Deadline

AP | DAVID ESPO | Posted 01.21.2012 | Politics

WASHINGTON — Congress' supercommittee conceded ignominious defeat Monday in its quest to conquer a government debt that stands at a staggering $...

Super Committee Plays The Blame Game

AP | DAVID ESPO | Posted 01.17.2012 | Politics

WASHINGTON — Republicans and Democrats exchanged barbs but little else Thursday as Congress' super-committee limped toward a Nov. 23 deadline wi...

Reducing the National Debt While Keeping Small Businesses Top of Mind

Kristie Arslan | Posted 01.16.2012 | Business
Kristie Arslan

It is our hope that the super committee will be able to come to a consensus that will alleviate the national debt and work in the favor of one of America's largest economic strongholds -- small businesses.

Deadline Looms As Debt Deal Appears Far Away

AP | ANDREW TAYLOR and DAVID ESPO | Posted 01.16.2012 | Politics

WASHINGTON — As the nation's debt soared past $15 trillion, congressional Republicans and Democrats approached stalemate Wednesday in a yearlong...

Elise Foley

John Boehner: Relationship With Obama Has Grown 'Frosty' | Elise Foley | Posted 01.06.2012 | Politics

WASHINGTON -- The relationship between House Speaker John Boehner (R-Ohio) and President Barack Obama has been "frosty" over the past two weeks, the s...

Disappointing Reports of Deficit Plans That Target Vulnerable People

Deborah Weinstein | Posted 01.02.2012 | Politics
Deborah Weinstein

Democrats cannot keep putting cuts on the table that will hurt low-income people, only to see their package rejected by the Republicans, who are likely to adopt every spending cut proposal but little or none of the revenues.

Ryan Grim

Super Committee Keeps Negotiations Under Wraps | Ryan Grim | Posted 12.19.2011 | Politics

The congressional super committee tasked with reshaping the social contract between the government and the American people has not had a public meetin...

Elise Foley

Super Committee Holds More Closed-Door Meetings | Elise Foley | Posted 12.05.2011 | Politics

WASHINGTON -- The six Democratic members of a 12-member super committee with extraordinary powers to shape spending over the next decade held another ...

Lockheed Martin's CEO Wants Your Social Security Check

Robert Greenwald and Derrick Crowe | Posted 11.21.2011 | Politics
Robert Greenwald and Derrick Crowe

Military contractors are crying crocodile tears right now about the "fragility" of their industry. But in fact that industry is flush with cash, and will do or say anything to protect the one thing they care about above all else: profit.

The War Budget Is Burning Down Our Economy

Robert Greenwald and Derrick Crowe | Posted 11.08.2011 | Politics
Robert Greenwald and Derrick Crowe

The simple truth is that, beyond war industry hype, military spending costs us jobs.

Elise Foley

Super Congress Will Meet In Public | Elise Foley | Posted 11.08.2011 | Politics

WASHINGTON -- The so-called Super Congress will attempt to hold the majority of its meetings in public, in full view of the voters and the press, the ...

War Budget Cuts Possible if We Counter Contractors' Multimillion-Dollar Campaign Spending

Robert Greenwald and Derrick Crowe | Posted 10.11.2011 | Politics
Robert Greenwald and Derrick Crowe

The deal worked out to allow a rise in the debt ceiling gives us our first real chance in more than a decade to make significant cuts to our country's out-of-control war budget, but we are going to have to fight for them.

How to Cut Hundreds of Billions in War Spending

Robert Greenwald and Derrick Crowe | Posted 10.05.2011 | Politics
Robert Greenwald and Derrick Crowe

The debt limit crisis that's consumed Washington, D.C. created an unexpected silver lining: the first opportunity in a decade to make real cuts to our runaway military budget.