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United States Congress Joint Select Committee on Deficit Reduction

United States Congress Joint Select Committee on Deficit Reduction

Автор: Jesse Russell,Ronald Cohn, 105 стр., издатель: "Книга по Требованию", ISBN: 978-5-5092-8228-7

High Quality Content by WIKIPEDIA articles! The Joint Select Committee on Deficit Reduction, colloquially referred to as the Supercommittee, was a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August 2, 2011. This act was intended to prevent the sovereign default that could have resulted from the 2011 United States debt-ceiling crisis. The objective of the committee was to develop a deficit reduction plan over 10 years in addition to the $917 billion of cuts and initial debt limit increase of $900 billion in the Budget Control Act of 2011 that avoided a U.S. sovereign default. The committee recommendation was to have been subject to a simple vote by the full legislative bodies without amendment; this extraordinary provision was included to limit partisan gridlock. The goal outlined in the Budget Control Act of 2011 was to cut at least $1.5 trillion over the coming 10 years, (avoiding much larger "sequestration" across-the-board cuts...
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