One hundred congressmen, including 40 Republicans and 60 Democrats, issued a letter Wednesday urging that the congressional committee established as a result of the August budget deal between the Obama administration and congressional Republicans approve drastic cuts in Medicare and Social Security.
The deficit “supercommittee,” consisting of six senators and six members of the House of Representatives from both parties, has until November 23 to adopt a plan that reduces the federal budget deficit by $1.5 trillion over the next ten years. If it fails to do so, automatic cuts of a similar amount will take effect January 1, 2013, hitting both military and domestic spending.
The letter signed by the congressmen called on the committee to go far beyond the $1.5 trillion minimum and set a target of $4 trillion in deficit reduction. Drafted by Democrat Heath Shuler of North Carolina and Republican Mike Simpson of Idaho, the letter told the supercommittee, “To succeed, all options for mandatory and discretionary spending and revenue must be on the table.”