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发帖数: 1972 | 6 And so the committee will go down as one more ill-fated attempt by lawmakers
to bridge the ideological divide between Democrats and Republicans on
fiscal issues.
But other than that, not much is going to happen. At least not right away.
The "automatic" budget cuts that were supposed to deter super committee
members from punting won't actually kick in until 2013. And that gives
Congress more than 13 months to modify the law.
There will be tremendous pressure to do so.
The cuts would slash $1.2 trillion in defense and nondefense spending.
Exempt from the cuts: Social Security and programs for low-income people,
such as Medicaid. Medicare cuts, meanwhile, would be limited. |
