02 November 2011

Bi Partisan group of US Representatives help debt supercommittee – Helderman and Montgomery (Washington Post)

Here is an excerpt of the story:

A group of 40 House Republicans for the first time encouraged Congress’s deficit reduction committee to explore new revenue as part of a broad deal that would make a major dent in the nation’s debt Wednesday, joining 60 Democrats in a rare bipartisan effort to urge the “supercommittee” to reach a big deal that could also include entitlement cuts. …

“To succeed, all options for mandatory and discretionary spending and revenues must be on the table,” the group wrote, adding that previous deficit reduction task forces have suggested a goal of reducing the debt by $4 trillion over the next decade. “Our country needs our honest, bipartisan judgment and our political courage.”

Read the entire story here.

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