Showing posts with label Supercommittee. Show all posts
Showing posts with label Supercommittee. Show all posts

Tuesday, November 22, 2011

Why The Supercommittee Was Doomed

It's confession time. The eventual outcome of the Joint Select Committee on Deficit Reduction, also known as "the Supercommittee", was so obvious that I wrote most of this blog two weeks ago. There was no reason why there would be an outcome other than failure.

The Supercommittee was composed of twelve members, evenly divided among the bicameral Congress and evenly subdivided among the two major political parties. It was supposed to be a tool for getting around the stalemate between the Democrat-controlled US Senate and the Republican-controlled US House of Representatives.
U.S. Congressman Pat Toomey
Senator Pat Toomey (R-PA)
Image via Wikipedia
There is a non-profit, non-partisan, conservative organization called The Club for Growth. It measures the economic policy votes cast by members of Congress. Members favor low tax rates, free trade, limited spending, repeal of the inheritance tax and regulatory reform among other things. You may or may not agree with their positions, but they issue a scorecard that is a convenient measuring stick for the comparison of the Supercommittee members' approach to taxes and spending.

In the following paragraph is a list of members, their home state and their party affiliation. In parenthesis are their lifetime Club for Growth ratings. I've included this as a way for readers to see where members stand relative to each other. Two members have not been in office long enough to have a rating. You may wish to know that Senator Toomey, one of those two members, is a former head of Club for Growth. So though Toomey does not have a rating, if you pencil in 100%, you would likely be very close.


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