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[FAILED] Superheroes of the Super Committee

SUPERHEROES OF THE SUPER COMMITTEE POW! WHERE WILL 71% DESCRETIONARY SPENDING THE CUTS $1.2 T 136 MANDATORY SPEDNG COME FROM? 16% SAVINGS ON INTEREST SOURCE: CB0 testimony of Douglas W. Elmendorf WHAT'S BEING SAID? HOW DO THEY STACK UP? IN ORDER TO STABILIZE OUR DEBT, MANY EXPERTS AGREE WE NEED TO REDUCE OUR DEFICITS BY $4 TRILLION OVER THE NEXT 10 YEARS. $1.2 $1.3 T $15 T $23.5 T IN CUTS TO THE DEFICIT IN DEFICIT SPENDING CURRENT DEBT PROJECTED DEBT IN SOURCE: Bowles & Simpson: Joint testimony OVER 9 YRS LAST YEAR 10 YEARS IMAGE SOURCE: thisnext.com SOURCE:CBO monthly budget review & CRS Budget Control Act of 2011 PUBLIC NOTICE

[FAILED] Superheroes of the Super Committee

shared by PublicNotice on Dec 08
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The Super Committee announced this week their failure to compromise regarding cuts to federal spending. What are the implications?

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