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Politics : Formerly About Advanced Micro Devices

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From: tejek11/8/2011 12:15:15 AM
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Schumer predicts supercommittee will fail

By Daniel Strauss

Sen. Charles Schumer (D-N.Y.) on Monday predicted the supercommittee will fail to reach a deficit deal.

Schumer also said it would be the GOP’s fault for insisting that no tax hikes be included with measures to cut spending and entitlements.

“I don't think . . . the supercommittee is going to succeed because our Republican colleagues have said no net revenues,” Schumer, who handles messaging for Senate Democrats, said Monday on MSNBC. “The American people are beginning to sniff this. They're beginning to sniff that the other side has dug in and is not compromising."

The supercommittee faces a Nov. 23 deadline to reach an agreement to cut at least $1.2 trillion from the deficit over the next decade. Few details about the talks have leaked out, but there have been no public signs that the 12 lawmakers are getting closer to a deal.

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thehill.com
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