deficit reduction Photos on Townhall

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    Posted: 11/22/2011 11:50:49 AM EST
    FILE - In this Nov. 1, 2011, file photo Joint Select Committee on Deficit Reduction Co-Chair Rep. Jeb Hensarling, R-Texas, left, listens as former Senate Budget Committee Chairman Pete Domenici, R-N.M., right, makes a point just before testifying before the panel on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/File/J. Scott Applewhite, File)
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    Posted: 11/22/2011 3:36:09 AM EST
    FILE - In this Sept. 13, 2011, file photo the Joint Select Committee on Deficit Reduction meets to hear from Congressional Budget Office Director Douglas Elmendorf about the national debt, on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. From left to right on bottom are: Rep. Jeb Hensarling, R-Texas, co-chair, Sen. Patty Murray, D-Wash., co-chair, Sen. Jon Kyl, R-Ariz. From left on top row are Sen. Max Baucus, D-Mont., Sen. Rob Portman, R-Ohio, and Sen. John Kerry, D-Mass. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 8, 2011, file photo Sen. Max Baucus, D-Mont., seated, is greeted by Sen. John Kerry, D-Mass., center, and Sen. Rob Portman, R-Ohio, right, as the Joint Select Committee on Deficit Reduction members hold their first organizational meeting on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/File/J. Scott Applewhite)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., right, confer as the Joint Select Committee on Deficit Reduction meets to hear testimony about the national debt from the Congressional Budget Office director on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Nov. 15, 2011 photo, Sen. Rob Portman, R-Ohio, leaves reporters behind as he turns into a restricted corridor in the Capitol for closed-door talks with fellow Republican members of the Joint Select Committee on Deficit Reduction in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/File/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., center, listen as the Joint Select Committee on Deficit Reduction hears testimony about the history of the national debt by the Congressional Budget Office director on Capitol Hill in Washington, Tuesday, Sept. 13, 2011. At right is Senate Republican Whip Jon Kyl, R-Ariz. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/File/J. Scott Applewhite, File)
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    Posted: 11/21/2011 10:20:46 PM EST
    FILE - In this Sept. 8, 2011, file photo Co-Chairs of the Joint Select Committee on Deficit Reduction Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., wrap up the committee's first organizational meeting on Capitol Hill in Washington. Failure by Congress? debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday, Nov. 23, 2011, is supposed to automatically trigger spending cuts in the same amount to accomplish that job. But the same legislators who concocted that budgetary booby trap just four months ago could end up spending the 2012 election year and beyond battling over defusing it. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/21/2011 3:55:46 PM EST
    A statue of a contemplative Benjamin Franklin overlooks the empty hallways of Congress as the deadline of the deficit Supercommittee approaches with no expectations for success, Sunday morning at the Capitol in Washington, Nov. 20, 2011. On various talk shows Sunday, Democrats and Republicans on the Joint Select Committee on Deficit Reduction exchanged blame for the a deepening impasse that has all but doomed chances for an accord. (AP Photo/J. Scott Applewhite)
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    Posted: 11/21/2011 3:50:47 AM EST
    The U.S. Capitol building is seen Saturday, Nov. 19, 2011, in Washington. The six Democrats and six Republicans on the Supercommittee, as it's familiarly called, have until next Wednesday, Nov. 23, to come together on a deficit reduction plan. Otherwise Congress faces a stark alternative: allow payroll tax cuts and jobless aid for millions to expire or extend them and increase the nation's $15 trillion debt by at least $160 billion. (AP Photo/Carolyn Kaster)
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    Posted: 11/21/2011 3:50:47 AM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., right, confer as the Joint Select Committee on Deficit Reduction meets to hear testimony about the national debt from the Congressional Budget Office director on Capitol Hill in Washington. Fanning out to the sets of various talk shows Sunday, Nov. 20, 2011, Democrat and Republican Supercommittee members blamed one another other for a deepening impasse that has all but doomed any chances for accord. (AP Photo/J. Scott Applewhite, File)
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    Posted: 11/20/2011 4:30:47 PM EST
    FILE - In this Nov. 1, 2011, file photo Joint Select Committee on Deficit Reduction Co-Chair Rep. Jeb Hensarling, R-Texas, left, listens as former Senate Budget Committee Chairman Pete Domenici, R-N.M., right, makes a point just before testifying before the panel on Capitol Hill in Washington. On the brink of failure, members of the "Supercommittee" as it came to be called, blamed each other Sunday, Nov. 20, 2011, for the intransigence that has gridlocked the panel in its quest to cut the deficit by at least $1.2 trillion over the coming decade. (AP Photo/File/J. Scott Applewhite)
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    Posted: 11/20/2011 4:30:47 PM EST
    FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., center, listen as the Joint Select Committee on Deficit Reduction hears testimony about the history of the national debt by the Congressional Budget Office director on Capitol Hill in Washington, Tuesday, Sept. 13, 2011. At right is Senate Republican Whip Jon Kyl, R-Ariz. (AP Photo/File/J. Scott Applewhite)
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    Posted: 11/20/2011 9:45:46 AM EST
    Rep. Jeb Hensarling, R-Texas, co-chair of the supercommittee, tells reporters outside his office that the deficit reduction panel would work over the weekend as the deadline for its work nears, on Capitol Hill in Washington, Friday, Nov. 18, 2011. (AP Photo/J. Scott Applewhite)
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    Posted: 11/19/2011 12:00:49 PM EST
    Rep. Jeb Hensarling, R-Texas, co-chair of the supercommittee, tells reporters outside his office that the deficit reduction panel would work over the weekend as the deadline for its work nears, on Capitol Hill in Washington, Friday, Nov. 18, 2011. (AP Photo/J. Scott Applewhite)
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    Posted: 11/19/2011 1:05:48 AM EST
    Rep. Jeb Hensarling, R-Texas, co-chair of the supercommittee, tells reporters outside his office that the deficit reduction panel would work over the weekend as the deadline for its work nears, on Capitol Hill in Washington, Friday, Nov. 18, 2011. (AP Photo/J. Scott Applewhite)
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    Posted: 11/18/2011 3:30:46 PM EST
    House Speaker John Boehner of Ohio answers questions about the impasse in the deficit reduction Supercommittee, Thursday, Nov. 17, 2011, during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)
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    Posted: 11/18/2011 12:15:46 PM EST
    House Speaker John Boehner of Ohio, answers questions about the impasse in the deficit reduction supercommittee, Thursday, Nov. 17, 2011, during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)
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    Posted: 11/2/2011 8:40:47 PM EST
    Rep. Xavier Becerra, D-Calif., listens during a hearing on Capitol Hill in Washington, Tuesday, Nov. 1, 2011. The Joint Select Committee on Deficit Reduction is trying to come up with a package by Thanksgiving that trims the federal deficit by at least $1.2 trillion over 10 years. (AP Photo/J. Scott Applewhite)
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    Posted: 11/2/2011 8:40:47 PM EST
    Rep. James Clyburn, D-S.C., left, confers with fellow supercommittee panelist Rep. Fred Upton, R-Mich., right, as the Joint Select Committee on Deficit Reduction holds a hearing on Capitol Hill in Washington, Tuesday, Nov. 1, 2011. (AP Photo/J. Scott Applewhite)
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    Posted: 10/28/2011 12:55:48 PM EST
    House Minority Leader Nancy Pelosi of Calif., cautions the deficit reduction supercommittee about not using retirement benefits to fix the nation's debt problems, Thursday, Oct. 27, 2011, during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)


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