"Lobbyists scrambled Wednesday to figure out how to influence the new panel to protect the programs and tax breaks from which they benefit. Military contractors and health care lobbyists were particularly active, as they have the most to fear." New York Times, August 4, 2011
"In all, 619 different groups and corporations said they intend to lobby around the work of the Joint Select Committee on Deficit Reduction, better known around Capitol Hill as the supercommittee. All of them mentioned the supercommittee or the legislation that created it in their mandatory third-quarter lobbying disclosure forms." NPR, October 2011. ,
The goal of the new committee is to reduce federal budget deficits by at least $1.5 trillion over 10 years. The panel was given a deadline of Nov. 23, 2011. Any recommendations it must be voted on immediately by both chambers of Congress, with no filibusters or amendments allowed.
"An aide to a centrist Senate Democrat said it looks increasingly unlikely that such Gang members as Senate Budget Committee Chairman Kent Conrad (D-N.D.) will be appointed.“Abandoning those who are willing to compromise — those who have proven they are willing to compromise — will all but ensure the committee will fail,” the aide said. “It will also ensure that the majority in the middle will view it with serious skepticism.”" The Hill, August 4, 2011
Working on the Super Committee, the Joint Select Committee on Deficit Reduction, relating to the budget can increase the amount of ones campaign fund. This is what is wrong with America. Welfare for Politicians.
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