Six members of a congressional “super committee” have struck out on their own in a new effort to come up with a plan to slash America’s huge deficits before a November 23 deadline.
The three Republicans and three Democrats are looking at a deficit-reduction deal of between $1.2 trillion to $1.5 trillion, congressional aides told Reuters on condition of anonymity because of the sensitive nature of the talks…
Aides stressed that the six lawmakers are still in talks with the full super committee and have not splintered off. Instead, they are making an internal effort to try to broker a bipartisan deal.
Significantly, at least two Republican members of the smaller group are willing to consider revenue increases as part of a deficit-reduction plan, one of the congressional aides and a source with direct knowledge of the talks said.