The 12-member bipartisan congressional “super committee” has until November 23 to come up with recommendations for reducing the nation’s debt by at least $1.2 trillion over 10 years.
However, South Carolina 3rd District Congressman Jeff Duncan says he is more focused on short term spending. Because Congress has yet to approve the year’s budget, a continuing resolution has the government funded through November 18. In a recent interview with Greenwood affiliate WLMA, Duncan said his immediate focus is on the next continuing resolution.
AUDIO: Duncan focused on the next continuing resolution
Duncan expressed concerns on what is likely to occur when automatic debt reduction triggers kick in if the committee does not come up with recommendations by the November 23 deadline. The vast majority of the automatically triggered cuts would fall on discretionary spending, with half of the $109 billion yearly cuts coming in defense. Medicare would be cut a maximum of 2 percent, or about $11 billion in the fiscal year 2013 budget.
Duncan says he is in favor of targeted cuts, which he says would be more favorable than across-the-board cuts.
AUDIO: Duncan says automatic triggers would include significant military spending cuts
A group of 100 representatives, made up of Republicans and a number of moderate Democrats, has crafted a letter to the “super committee” calling for all options to be laid on the table in the quest to shave the federal debt. They are urging the panel to go past its mandate of $1.2 trillion over 10 years and find $4 trillion in debt reduction.
Greenwood affiliate WLMA’s Anne Eller contributed to this report