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The congressional "super committee" charged with coming up with $1.2 trillion in budget cuts appears doomed for failure, with sources saying the panel will be unable to reach a deal before its practical deadline Monday.
The 12-member bipartisan panel's deadline for a final vote is Wednesday, but any blueprint must be made available 48 hours in advance of a committee vote and must be accompanied by a Congressional Budget Office analysis scoring how much it would reduce deficits.
If the panel fails to come up with the required cuts, automatic ones would be triggered in 2013 to reduce $1.2 trillion in spending, something CNNMoney calls the super committee's "escape hatch." Those cuts would be evenly divided between nondefense and defense items. If the cuts go that way, Defense Secretary Leon Panetta says the U.S. armed forces would be crippled.
Of course, no one in Washington really thinks that will happen as Congress made the law requiring the cuts, and lawmakers can change it however they like before 2013 rolls around.
On Monday morning, pundits on the Web were pointing out that politics still rule in the few months before a presidential election year and the divide between Democrats and Republicans shows no signs of being bridged.
The scientific analogy
A blog on The Economist says the super committee is more atom-smasher than friction reducer.
"The theory behind the super committee was that it would be a superconducting committee, eliminating the frictions caused by hundreds of clashing representatives in the House and Senate and zooming everyone straight along into a $1.2 billion deficit-reduction agreement. Instead, it seems to have become a supercolliding committee, focusing the two parties down into a narrower space so that the impact blasts everything into tiny subatomic particles."
That's because the two parties can't abandon the stances of their base voters, the article continues.
"For Democrats to have any chance of making gains in the 2012 elections, they need to demonstrate to their base that they will fight for higher taxes on the wealthy. They can't walk away from the super committee negotiations without a significant tax hike on the very rich. Similarly, it doesn't look like the Republicans can walk away from the super committee negotiations having allowed that to happen - if anything, they need to show they fought for a cut in the top marginal rate. Hence the supercommittee supercollider."
Pulling a victory from failure
Writing for Politico, Manu Raju and Jake Sherman say "both parties are quickly trying to figure out how to turn the committee’s embarrassing failure into a political win for their side."
Democrats will do so by saying they wouldn't OK a deal that didn't protect social programs while in some way increase taxes on the wealthy. Republicans will do that by saying they wouldn't give ground on demands that spending on entitlements take a hit.
Politico quotes senators from each party to show the hard line that exists in the panel.
“I’ve heard this from Republicans in the Senate and in the House who say to me, ‘The calculation politically has been made by many that they think they’re going to win the Senate, win the presidency, and they want to wait until next year and just write their own deal,' " Sen. John Kerry (D-Mass.) on NBC’s “Meet the Press” said Sunday.
“In Washington, there’s a group of folks that will not cut a dollar unless we also raise taxes,” Sen. Jon Kyl (R-Ariz.) said tersely Sunday.
Writing on Time.com, Jay Newton-Small says "looming primaries - both presidential and congressional - have put bipartisan compromise even farther out of reach."
"If you’re, say, Senator Jon Tester, a Montana Democrat who has a tough re-election test ahead of him next November, what incentive would you have to vote for entitlement cuts, which would risk the support Native American tribes, seniors, lower income voters - the trifecta of constituents that are pivotal to winning statewide in Montana. On the flip side, if you’re, say, Rep. Paul Gosar, an Arizona Republican freshman of the Tea Party persuasion, voting for increased revenue could leave you open not just to a primary challenge, but also vulnerable to a conservative Democrat in the general election."
"Deficits remain a great threat to national security, as Mike Mullen, former chairman of the Joint Chiefs of Staff, once put it. The committee’s failure risks a stock market dive amid a widening European crisis and another potential downgrade of America’s bond rating status. Small business lending could get tougher because of this debacle, the recession could drag out and unemployment could continue to stagnate. There are probably a dozen more winners and losers that I could name on the political spectrum. But the fact of the matter is, whatever short-term political gains anyone gets out of this, in the long run the American people lose."
Editor's note: Readers have a lot to say about stories, and we're listening. Overheard on CNN.com is a regular feature that examines interesting comments and thought-provoking conversations posted by the community.
"Even if your vote counts, it comes down to which corrupt one do you want in office. Politics has become so dirty that there is no way the people can win. "
–TerryH13
CNN is taking a look at the redistricting process, which takes place every 10 years after each census is complete. In the last 10 years, 78% of the seats in the U.S. House of Representatives did not change party hands even once.
David Wasserman, redistricting expert for the nonpartisan Cook Political Report, says that through redistricting elections can be "almost rigged" in a sense and this can lead to a more polarized Congress. Readers responded to this story by expressing a degree of cynicism about the political process on both sides of the aisle. Some even questioned whether they should vote at all.
Why your vote for Congress might not matter
Commenters largely said politicians are influenced too much by money.
"Republican or Democrat? The candidates we get to choose from at election time are all rich, hand picked and sponsored by special interest and or corporate America," said str8Vision. "Like race-car drivers, politicians should wear uniforms adorned with logos and patches of the corporations, special interest groups and lobbyist who sponsor them."
FrankinSD replied, "What makes you think changing the faces will change the system?" He also said in a different post, "The creation of safe districts does more than just diminish the power of individual voters. It removes the incentive for the parties to nominate someone in the political center. If a seat is safely Democratic or Republican, there is no penalty for nominating an extremist."
FULL POST
Three things you need to know today.
Clemency sought: The NAACP and Amnesty International on Thursday will deliver petitions with thousands of signatures seeking clemency for convicted killer Troy Davis to the Georgia Board of Pardons and Paroles.
Davis, 42, is set to be executed on September 21 for the murder an off-duty Savannah police officer more than two decades ago.
Since Davis' conviction in 1991, seven of the nine witnesses against him have recanted their testimony. No physical evidence was presented linking Davis to the killing of the policeman.
The rights groups contend there is too much doubt about Davis' conviction to let the execution proceed.
"Troy Davis could very well be innocent," Amnesty International says on its website.
Medal of Honor: Dakota Meyer will receive the Medal of Honor from President Barack Obama at the White House on Thursday, becoming the first living Marine to get the medal for actions in Afghanistan or Iraq.
Meyer repeatedly ran through enemy fire to recover the bodies of fellow American troops during a firefight in Afghanistan's Kunar province in 2009.
Meyer ultimately saved the lives of 13 U.S. Marines and soldiers, and 23 Afghan soldiers, according to the Medal of Honor account on the Marine website. He also is credited with killing at least eight Taliban insurgents.
Swearing in: The two newest members of Congress, Republicans Mark Amodei of Nevada and Bob Turner of New York, will be sworn in on Thursday, two days after they won special elections in Nevada and New York respectively.
Amodei's election was expected. Republicans have represented Nevada's 2nd congressional district - which covers almost the entire state, except the southern tip and the Las Vegas metropolitan area - since it was created in 1983.
But Turner, a former cable TV executive, defeated Democratic state assemblyman David Weprin 54% to 46% in New York's 9th congressional district, giving the GOP control in a district where Democrats have a 3-to-1 voter advantage.
Congress needs to pass legislation to protect customers from unauthorized third-party charges on their phone bills because the telephone industry has failed to prevent the practice, Sen. Jay Rockefeller says.
"It's illegal, it's wrong, it's scamming," said Rockefeller, D-West Virginia. "Why haven't you cleaned up your act?"
AT&T, Verizon and Qwest do not have a process to determine if the charges were authorized by their customers.
FULL STORYTime may be tighter for the Democratic and Republican sides to reach an agreement on raising the nation's debt ceiling than the August 2 deadline would suggest, Democratic officials familiar with the negotiations said Friday.
They said they believe the White House and congressional leaders would need to come to a deal before the last week of July to get a bill done and through both houses of Congress to meet the August 2 deadline.
The officials said they are looking at around July 22 as a practical deadline.
The Senate Foreign Relations Committee passed a joint resolution Tuesday supporting the limited use of U.S. military force in Libya for one year - a move sought by the Obama administration as it works to win clear congressional backing of the controversial North African mission.
The resolution, which explicitly rejects any introduction of U.S. ground troops, was approved 14-5. It now advances to the full Democratic-controlled Senate.
The Republican-controlled House of Representatives rejected a similar measure last Friday, but also voted down a bill restricting U.S. involvement in the conflict.
Deep congressional divisions over the mission stem from, among other things, a belief among some representatives and senators on both sides of the aisle that the White House has violated the War Powers Resolution.
FULL STORYWatch CNN.com Live for continuing coverage of the devastating storms that struck Missouri.
Today's programming highlights...
9:00 am ET - Casey Anthony trial - Opening statements are expected in the trial of Casey Anthony, the Florida woman accused of killing her young daughter.
Watch CNN.com Live for continuing coverage on the fallout to the death of Osama bin Laden.
Today's programming highlights...
10:00 am ET - Prince Charles talks food future - Britain's Prince Charles continues his U.S. trip by delivering a keynote address at a conference on the global food system.
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