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But without an immediate threat of fiscal calamity, as was the case in both those instances, the cuts to federal spending triggered by a committee failure would not take place until 2013, leaving Congress an opportunity to find other escape hatches.
Even if whatever you're making is a failure, if you were creatively honest, it's at least going to be a small success; if it's a committee failure, it's not interesting.
But the exact figure won't be set until the White House Office of Management and Budget calculates the amount as the cuts triggered by the super committee failure are enforced.
Rep. Barney Frank (D-Mass)., another outspoken liberal, said recently the super committee failure was "good news" for Democrats since the party will have more leverage in 2013 because of the automatic defense cuts and the expiration of the Bush tax cuts.
Similar(56)
The committee's failure appeared to alarm some state officials.
Second, the super committee's failure won't have much effect on the deficit.
The Republican leader in the Senate, Mitch McConnell, blamed the Democrats for the committee's failure.
WHAT programs will be automatically cut as a result of the committee's failure to reach an agreement?
The committee's failure did little to alter analysts' fundamental views about the U.S. government's financial position.
Even before the girl appeared in front of the House committee, the failure was known throughout the medical community.
The only good news about the committee's failure is that the automatic across-the-board cuts (called sequestration) may not be automatic at all.
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CEO of Professional Science Editing for Scientists @ prosciediting.com