World News Insights
1-3 Minute Gist

All Topics Article

How we can succeed through supercommittee’s ‘failure’ - The Washington Post

Washington Post Original article ›

Keywords:

LyrArc Article Gist
Dionne,Jr., says the failure of the "supercommittee" to reach a deal would not be a failure at all if it leads to a flawed deal that does not generate enough revenues, such as the $300 billion in tax increases proposed by Jeb Hensarling. If the deal also makes 90% of the Bush tax cuts permanent this would make deficit reduction harder. Under such terms not reaching a deal, and having automatic reductions triggered by that outcome may be the preferred outcome, says Dionne,Jr.

The debt Supercommittee in the U.S. Congress

11/13/2011

The debt panel in the U.S. Congress reached an impasse on the issue of new taxes one week before a November 23, 2011 deadline. Failure to reach an agreement by the deadline leads to automatic across the board cuts including defense as voted earlier by Congress.

Grouped Articles

On supercommittee, growing doubts about reaching a debt deal - The Washington Post

Washington Post 11/14/2011

Deficit Panel Seeks to Defer Details on Raising Taxes

New York Times 11/13/2011

The supercommittee’s make-or-break question - The Washington Post

Washington Post 11/17/2011

GOP supercommittee members’ tax plan gives party an identity crisis - The Washington Post

Washington Post 11/17/2011

How we can succeed through supercommittee’s ‘failure’ - The Washington Post

Washington Post 11/17/2011

‘Supercommittee’ appears unlikely to reach agreement - The Washington Post

Washington Post 11/18/2011

Alan Simpson on the August 2 Debt Ceiling and Deficit legislation of August 2, 2011

01/16/2009

Alan Simpson of the Simpson-Bowles Commission talks about the debt panel or super-committee's task in coming up with $1.2 trillion in savings by the end of 2011. Simpson says the work of that committe will be similiar to the work he and Bowles engaged in. An enormous effort will go into clearing misperceptions and preconceived notions. He says there are only so many ways of coming up with savings and everything has to be touched to get to the goal, given that the U.S. borrows 39 cents of every dollar it spends.

Grouped Articles

Debt Hawk Alan Simpson on the Work Ahead

BusinessWeek 08/04/2011

Running in the red: How the U.S., on the road to surplus, detoured to massive debt - The Washington Post

Washington Post 08/07/2011

Tom Keene Talks to David A. Stockman

BusinessWeek 08/04/2011

Why the Debt Crisis Is Even Worse Than You Think

BusinessWeek 07/27/2011

Reid Names First Debt-Panel Picks

Wall Street Journal 08/10/2011

Republicans Set Debt-Panel Roster

Wall Street Journal 08/11/2011


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us