Super committee members still divided by partisan politics
The Republican co-chair acknowledges a deal would increase tax revenue
Democrats call a Republican proposal insufficient
The panel has until November 23 to reach agreement
They have been meeting for two months, poring over concepts and ideas already hashed out by three other groups over the past year.
But nine days before their deadline, members of the so-called congressional “super committee” created to forge a deficit reduction deal indicated Sunday that they remain hung up on basic issues of tax and entitlement reform that have previously stymied agreement.
Texas Rep. Jeb Hensarling, the panel’s Republican co-chair, told CNN’s “State of the Union” that the only solution possible might be a two-step process in which the bipartisan committee sets a figure for increased tax revenue that congressional committees would then implement through legislation.
“There could be a two-step process that would hopefully give us pro-growth tax reform,” Hensarling said.