The
Columbus Dispatch...
Portman
to help chart country’s debt
course
By
Jessica Wehrman
Thursday August 11, 2011
WASHINGTON
— Two days after expressing
his willingness to serve, Ohio Sen. Rob Portman was tapped yesterday as
one of
three Senate Republicans on the “supercommittee” tasked with reducing
the
federal deficit by $1.5 trillion.
Portman,
former head of the federal
Office of Management and Budget, joins Jon Kyl of Arizona and Pat
Toomey of
Pennsylvania on the 12-member panel, Senate Republican Leader Mitch
McConnell
announced.
“I
am honored to answer the call to
serve on the Joint Select Committee on Deficit Reduction and will work
hard to
ensure that meaningful spending cuts are made to reduce our deficits,
change the
trajectory of Washington’s record high debt, and to encourage economic
growth
and job creation,” Portman said in a statement.
But
the reaction from liberal
ProgressOhio was: “The great (for Republicans) thing about Rob Portman
is that
he was Bush’s budget director from 2006 to 2007. Plus, he voted for
both of
Bush’s tax cuts and for Bush’s invasion of Iraq. When Rob Portman talks
about
fiscal nightmares, he knows exactly what he’s talking about because he
helped
more than most to create the one we’re in.”
The
bipartisan panel is to be made up
of three members from each party from each house of Congress. The
Senate
Republican announcement came the same day that House Speaker John
Boehner,
R-West Chester, named Republican Reps. Dave Camp and Fred Upton, both
of
Michigan, and Jeb Hensarling of Texas to the committee.
Senate
Democrats selected for the
committee are Patty Murray of Washington, Max Baucus of Montana and
John Kerry
of Massachusetts. House Democrats have until Tuesday to pick their
three members.
The
panel was created as part of an
agreement reached to raise the $14.29 trillion debt ceiling last week.
It’s the
second stage of a two-part plan to dramatically cut spending.
In
the first stage last week, Congress
agreed to cut spending by $917 billion over 10 years and increase the
debt
ceiling by $900 billion.
Stage
two is where Portman will play a
role: If the “supercommittee” produces legislation that achieves $1.2
trillion
or greater in savings and Congress passes that legislation, President
Barack
Obama then will be able to further request a debt-limit increase of an
equal
amount up to $1.5 trillion.
By
and large, the group represents
lawmakers known more for legislating than political flame-throwing.
Camp is the
chairman of the House Ways and Means Committee; Upton is the chair of
the House
Energy and Commerce Committee. Hensarling is chair of the House
Republican
Conference. The three Senate Democrats also have worked on bipartisan
issues.
“My
main criteria for selecting
members was to identify serious, constructive senators who are
interested in
achieving a result that helps to get our nation’s fiscal house in
order,”
McConnell said.
Still,
all six Republicans on the
committee have signaled publicly that they would not endorse raising
taxes; all
have signed Americans for Tax Reform’s pledge not to increase taxes.
Larry
Sabato, director of the Center
for Politics at the University of Virginia, called the group an
ideological
“mixed bag,” but he said all are “reliables.”
“They’re
going to listen to the
leadership,” he said. “They’re not going to go off reservation because
there
will be major consequences if they do for their own careers … this is
not a pro
forma committee that is simply going to meet and harangue one another.
The
leadership in both houses and both parties believe they can rely on
these
individuals to reflect the caucus and the leadership.”& amp;
amp; amp; amp;
amp; amp; lt; /p>
White
House spokesman Jay Carney said,
“The president believes the committee needs to take its work seriously
... and
to come together around a series of proposals that can get bipartisan
support,
get through Congress in a fast-track way, to ensure that we have
additional
deficit reduction.”
Sen.
Sherrod Brown, D-Ohio, applauded
Portman’s selection.
“Rob
has shown a willingness to find
common ground by looking at both tax reform and spending cuts in order
to
reduce the deficit,” he said. “It’s time to stop the bickering and put
the
country first to find a balanced approach to deficit reduction that
addresses
our top priorities: restoring the economy and putting Ohioans back to
work.”
Panel
members must pass their
cost-cutting legislation by Nov. 23. Under the agreement reached last
week,
both chambers of Congress must vote on the legislation by Dec. 23. If
either
the committee or Congress fails to meet the deadline, the law requires
automatic spending cuts totaling $1.2 trillion starting in 2013.
In
a meeting with the Dispatch
editorial board earlier this week, Portman signaled that while the
committee’s
decisions could be tough and unpopular, the automatic cuts might be
harder to
swallow. He said about half of those cuts would come from the defense
budget,
“which would be very bad for national defense.”
Still
he said, “Defense needs to be on
the table. There are savings that need to be found at the Pentagon, but
that
would be an enormously difficult task for them to downsize (by more
than $500
billion) that quickly.”
He
also said while tax increases
should not be part of the fix, he was not opposed to raising revenue by
getting
rid of tax “preferences,” including certain loopholes, credits,
deductions and
exclusions. Some conservatives see eliminating them as back-door tax
hikes.
Read
it at the Columbus Dispatch
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