The closely watched deliberations of the so-called “supercommittee” on deficit reduction represent an inflection point, not just for congressional efforts to rein in federal deficits and begin paying down America’s public debt, but also for the growth prospects of the US economy. The supercommittee’s assignment is no easy task, to be sure, but it offers a clear mandate to focus federal spending on things that will increase efficiency and maximize return on investment while minimizing waste.
No related posts.
