Supercommittee Sets 'Ambitious Deficit Plan'

Saturday, 17 Sep 2011 08:23 PM

By Gary Cohen

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President Obama is to deliver what he describes as a more, "ambitious deficit plan" Monday for the so-called supercommittee to work with.

As reported in Roll Call, one Democratic leadership aide describes what the president will present as being, "more of a box checker than a game changer."

The Joint Committee on Deficit Reduction is scheduled to have its next public session next Thurstday but the report shows the panel has been meeting in private and not letting anything escape from behind its closed doors. There has been no indication that the committee will look to go beyond the original $1.5 trillion in cuts they need to find.

Committee sources have said any pressure on the committee, including pressure from the president, would make their job more difficult. Nearly all of the committee members have said the road to reaching an agreement will be tough, with or without outside pressure.

Aides to House and Senate leaders say that, as of Friday, the White House had not given them any details of what the president will present on Monday.

The president said on Sept. 8 that what he will be presenting in his "ambitious plan" Monday will include how to pay for the cost of jobs and how to, "stabilize the debt in the long run." He told a joint session of Congress that his budget plan would include revenue and entitlement reform.

Last week, the committee's co-chairs, Sen. Patty Murray, D-Wash., and Rep. Jeb Hensarling, R-Texas, said they were both ready to "seize the moment."

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