Wednesday, November 16, 2011

Emerson among GOP lawmakers pressing 'supercommittee' to back new revenues

Emerson among GOP lawmakers pressing 'supercommittee' to back new revenues

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from article:

WASHINGTON • Rep. Jo Ann Emerson planned to join a collection of House members holding a variety of political views at a news conference Tuesday advising the debt panel to look hard at new money sources in the race to meet its deficit-cutting deadline next week.

The event is a follow-up to a recent letter signed by Emerson and 39 other House Republican -- joined by 60 Democrats -- telling the panel that "all options for mandatory and discretionary spending and revenues must be on the table."

With a Nov. 23 deadline fast approaching, Emerson, of Cape Girardeau, is reflecting growing pessimism in Washington that the 12-member supercommittee will reach agreement on a package that would reduce borrowing by at least $1.2 trillion over the next ten years.

Read more: http://www.stltoday.com/news/local/govt-and-politics/political-fix/emerson-among-gop-lawmakers-pressing-supercommittee-to-back-new-revenues/article_8918b2f0-0f0f-11e1-b0db-0019bb30f31a.html#ixzz1dsXFWV5A

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cutting social security, medicare and medicaid at election time is not a wise move.

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