Why the Super Committee Deadlock Is a Victory, Not a Failure
By Phil Kerpin
Vice President for Policy
Americans for Prosperity
It now appears the Joint Select Committee on Deficit Reduction (the Super Committee) will deadlock, resulting in automatic spending cuts of $1.2 trillion over the next 10 years. Some are decrying this as a failure; Im celebrating it as a victory. Clearly, much more must be done to cut federal spending and avert a fiscal crisis. But real spending cuts were never on the table. What was on the table was a disastrous tax hike that would have undermined our economic recovery and given Washington politicians even more money to spend, undermining the goal of cutting spending.
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