The latest House GOP gambit in the fiscal fight is … wait for it … a supercommittee.
But Republicans aren’t calling it a supercommittee since that’s the term for the failed panel that brought us the the sequester.
Instead, it’s called the Bicameral Working Group on Deficit Reduction and Economic Growth. The special panel would have 20 members, evenly divided between the House and Senate, who would recommend a budget for fiscal 2014 (which began Oct. 1), and craft details of a new debt ceiling and spending cuts. Continue reading “House GOP’s Latest Idea: A Fiscal Supercommittee, Sort Of”

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