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Ordinary Gathering

Supercommittee to Hold First Meeting

Next Thursday to begin slashing $1.2 trillion from deficit.

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Elaine Thompson / AP Photo

They’ll have a lot to do. The so-called supercommittee on deficit reduction will hold its first meeting on Thursday. Co-chairs Sen. Patty Murray (D-WA) and Rep. Jeb Hensarling (R-TX) said they’ll also hold their initial public hearing on Sept. 13. The newly formed bipartisan congressional group has been tasked to slash at least $1.2 trillion from the federal budget over the next decade before a Nov. 23 deadline.

Read it at Reuters

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