It is a very interesting concept that borders on being unconstitutional. Tax bills have to be originated in the House, that cannot be delegated to the group. What I find likely is that nothing will get agreed on and automatic cuts to Social security, Medicare and entitlement programs take effect that have already been agreed to. The Repubs have the winning hand here and do not have to do anything. I wonder how many of the 6 seats the Repubs have will be T party. And why did they pick an even number?
Really? Defense spending will be hit the hardest if there is no action. Doesn't sound like the GOP won to me.
Why would the GOP have lost if defense spending is cut? The implication in your post is the GOP benefits from defense contractors earning billions and sharing the governments largess with the Republican Party.
We spend more on defense than any other country; we have two large oceans and a solid ally to our North, and enough nuclear weapons to annihilate any nation on earth. Yet 19 Saudis set in motion the economic destruction of our country.
Lets bring most of our troops home, let the world know we will no longer police the world.
Fair trade yes, free trade under unfair conditions, NO longer!
Pay down our debt, but first reduce deficit spending. Job one, cut the pay and benefits of each member of Congress, and impose merit pay. The way they are acting suggests merit pay for this Congress is ZERO.