With only today and tomorrow to come up with a last ditch effort by the Super committee, the blame game has begun with both parties blaming each other. The fact of the matter remains, that while they are claiming to be spending this weekend before the deadline trying to agree on a solution, they are actually collecting up mud to sling at the opposing side.
The lead Republican for the super committee, Jeb Hensarling, said that “We are painfully, painfully aware of the deadline that is staring us in the face,” And Sen. Harry Reid was quoted saying that he will remain ‘ready over the weekend’. But only if they bring something reasonable forward, if they bring something that is “unreasonable” then there is no point in talking, he said.
So what does all of this mean? Well to me, it means that there is not going to be any plan. Both sides have been pitted against each other from the beginning.
If they do notify the public of an agreement, they would only have until Wednesday to vote on it. In other words, if they agree on something, it can still be voted down.
In my personal opinion, this committee was doomed to fail when it was created this summer, and proved to us that Congressman Boehner would rather compromise than fight.
Also, if they don’t reach an agreement, then the deadline enacts the other option. Which are 10% cuts to everything except the entitlements, which would take affect next year. Of course entitlements are immune and defense isn’t. Our defense is bad enough as it is, but a 10% cut would hurt us very badly.
All I can say is that the 2012 Presidential election cannot come fast enough.