Fraud: Super Committee to find $700 billion in "savings" in winding down of wars

In deference to that criticism, aides from both parties said the panel would not count war savings toward its primary debt-reduction goal of at least $1.2 trillion. Instead, they are considering using the savings to “pay for” other priorities, such as extending emergency unemployment benefits and a temporary payroll tax cut currently enjoyed by every American worker.

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Both measures are scheduled to expire at the end of this year, potentially damaging the fragile recovery — an outcome that President Obama and other Democrats are eager to avoid. Unless their cost is offset by other savings, however, extending them through 2012 would add billions to next year’s budget deficit — an outcome Republicans oppose.

Budget analysts were appalled by the idea. Robert Bixby of the bipartisan Concord Coalition called war savings “the mother of all budget gimmicks.” But aides in both parties said an agreement to use war savings to offset the cost of urgent expenses could help build support for a broader accord on the debt, which is likely to require lawmakers to support politically painful spending cuts and tax increases.

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