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SUPER COMMITTEE

Dems and GOP Swap Deficit Plans

Standoff remains as deadline nears.

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J. Scott Applewhite / AP Photo

With their Thanksgiving deadline approaching, Republicans and Democrats on the deficit super committee exchanged plans—and the two sides remain far apart. Democrats proposed a plan to cut the deficit by $3 trillion—far more than the $1.2 trillion required—through a mix of tax increases and cuts, including to Medicare and Medicaid. Republicans, however, appear to be sticking to their anti-tax pledge. Their plan cuts the deficit by $2.2 trillion, mostly through cuts and increased government fees for programs like Medicare.

Read it at Politico

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