supercommittee love


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  • Get ready to hear the word supercommittee a lot this fall.

    NPR Topics: News

  • The toughest task confronts the so-called supercommittee, which is supposed to come up with at least $1.2 trillion in deficit savings over the coming decade to implement the August budget and debt pact.

    House passes disaster aid, but Senate Dems object

  • President Obama entered November on an upswing, but the failure of the supercommittee was a reminder to the public just how broken Washington truly is, which dragged him back down towards the end of the month.

    Chris Weigant: Obama Poll Watch -- November, 2011

  • But Mr. Portman, a White House budget director under President George W. Bush, is seen as having the budget expertise and temperament to become a central player on the so-called supercommittee.

    Portman Is Touted as a Bridge Builder on Debt Panel

  • Despite efforts to cooperate, the two lawmakers chosen to lead the so-called "supercommittee" didn't shy from expressing differences:•Hensarling stuck to Republicans' claim that "the problem is on the spending side" and said he opposes raising tax rates.

    Leaders of deficit panel say public's confidence at stake

  • "Relative growth differentials should still work in favor of the dollar, if you remove the overcast of the euro zone's problems," said Andrew Wilkinson , chief economic strategist at Miller Tabak & Co. He said he thinks the supercommittee should be a "low-risk event" for the dollar as long as Europe's woes keep investors holding dollars for safety.

    A Different Debt Problem May Burden Dollar

  • RYAN: Pat Toomey showed how we would do that with his offer in the supercommittee, which is broaden the base, lower rates for growth.

    Tackling the Deficit

  • Most investors and analysts had been anticipating the so-called supercommittee would achieve what RBC Capital Markets chief U.S. economist Tom Porcelli calls "partial success," finding about $1.2 trillion in cuts.

    Flashback to August for Stocks

  • S&P has continued to face criticism of its downgrade of the U.S. But after the failure of the so-called supercommittee in Congress to agree to budget cuts, some investors said the firm's reasoning was prescient.

    S&P Warns on 15 Euro-Zone Nations

  • But as Paul Krugman has said, that may be a good thing -- The supercommittee was a superdud -- and we should be glad.

    Harlan Green: 2011 -- The Year That Wasn't


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