A U.S. senator says the special deficit-reduction Super Committee still has time to make a decision on $1.2 trillion in budget cuts, but if they can’t agree there are other options. U.S. Sen. Mark S. Kirk (R-Ill., pictured) says should the Super Committee fail, the Gang of Six should be the ones to make the decision on government spending.
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“I think we still are probably in our last two days of negotiations and it always looks, as John McCain says, it always looks bleakest before it totally goes black in the Congress, but should the Super Committee fail, then I think we should have the 140 members of Congress that have basically endorsed Simpson-Bowles rally behind a team that can put this legislation on the floor and I think the Gang of Six would be the best,” Kirk said. The Simpson-Bowles plan calls for $4 trillion in cuts rather than $1.2 trillion. The bipartisan 12-member panel is sputtering to a close after two months of talks in which key members and top congressional leaders never got close to bridging a fundamental divide over how much to raise taxes. The budget deficit forced the government to borrow 36 cents of every dollar it spent last year. Several panel members attended a last-ditch meeting at midday Monday and said there might be further sessions later. But there was no indication of a breakthrough, though panel members didn't want to officially give up.
U.S. Rep. Adam Kinzinger (R-Manteno) says if a compromise can’t be made before the deadline, there could be work done later. “Ultimately, even if we miss a deadline, I think still within the next year there’s a possibility that we can put together equivalent cuts and avert the trigger mechanism,” Kinzinger said.