SUPER COMMITTEE'S TASK.
It must be easy.
What is really surprising these days is to find some Republican Congressional members advocating the idea of raising revenues to combat the national deficit.
Usually, they have opposed the notion of taxes, especially on the people who could afford to pay them, and that has been a stumbling block in many debates and committee meeting discussions of all kinds.
Yet, quite recently, tax increases and revenues are being found as part of their talking points in some of their speeches, probably due to the signs of the times.
Occupy Wall Street organizations are attacking capitalism and the disparity of how the economy is in such a way that more and more people are struggling to make ends meet, more than ever before.
Ordinary working Americans are having it very hard to deal with the future for themselves and their families, as wages and salaries remain stagnant, and their representatives in the United States Congress are not coming to their aid. They (Congressmen and women) are tied on controversy upon controversy, all to make political points for either party, Republican or Democratic.
However, the main problem is that the national deficit has to be seriously looked at. Entitlement programs, such as Social Security and Medicare must be reformed to eliminate waste in order to reduce government spending, and therefore the deficit, but there must also be revenues coming in, in the form of taxes, for that purpose.
On this issue, the Democrats are fighting to safeguard the entitlement programs, while the Republicans are stonewalling tax revenues on the rich.
There have only been disagreements between the two main political factions, while the nation's economy is deteriorating, and the deficit keeps rising. The situation has caused a great deal of disenchantment among citizens.
The Super Committee has been set up to deal with the deficit reduction, but its members of 6 Democrats and 6 Republicans are deadlocked on that same obstacle of tax revenues versus entitlement programs.
Now that the tide is changing, as some bills by Republicans have passed in both chambers of Congress for taxes to be raised in some aspects, there will be a compromise that will allow the Super Committee to function as it is intended.
To cut entitlements and to raise taxes, so that the deficit can be reduced toward the national debt that stands at a whopping $14 trillion dollars.
All the committee must come up with is a meager $1.2 trillion dollars to give the nation the fiscal relief that it badly needs.
The economy is slow, and such a figure, if it is realized, will prop it (economy) up, and so reduce the high unemployment level of 9% the country is facing now.
Let's go, Super Committee.