SUPER COMMITTEE'S OBLIGATION.

Just as the failure of the debt ceiling talks caused the United States to lose its credit rating a short while ago, there was another threat looming over the nation, if the Super Committee that was set up to deal the deficit reduction, should fail in its obligation to arrive at a sensible compromise.

The committee's terms of reference was to scale down the deficit by $1.2 trillion dollars, and the deadline was set for Nov. 23rd., 2011, which from the layman's point of view, was a simple assignment to be given to 12 Congressional Representatives to deal with.

However, up until now, the prospect of the committee succeeding was pretty slim. Why? That was due to the same argument of slashing government spending through entitlement programs of Social Security, Medicare, Medicaid and military expenditures only, without considering tax increases of any kind to help in bringing down the deficit.

It would stand to reason that the reduction of the deficit from these programs alone would not be enough to cover the targeted amount, and the only solution would be to find the remainder from other sources.

That would fall on none other than tax revenues to be raised from whatever sources that were available to the government; and the suggestion has been that the more affluent Americans should pay a bit more taxes out of their incomes, starting from those earning $250,000 and up.

The Republican Party members on the panel have always objected to that idea, but somehow, there has been a change from that direction, and the main party, or the GOP, has come up with a new proposal, presumably, to avert a crisis; but it was being met with a stiff opposition.

"Republicans are facing resistance from their own party on the GOP proposal — which calls for $600 billion in revenue, something that some conservatives are calling a tax increase." (Politico, 11/11/11).

That has made the situation to be so grave, because the rejection of such a proposition would be insane, as that was what the committee needed to finalize a deal; otherwise, all the proposed reductions or cuts would come out of the military budget and the so called entitlement programs, namely, Social Security, Medicare and Medicaid.

Fortunately enough, Defense Secretary Leon Panetta, has come out with a timely and strong warning that the Military Cuts Would Invite 'Aggression', meaning in effect that the automatic trigger cuts across the board, if they were allowed to take place, would be disastrous.

"Defense Secretary Leon Panetta warned Thursday that sweeping military cuts which could be triggered by the failure of the congressional deficit committee to strike a deal "invites aggression" from abroad." (Fox News, 11/11/11).

The Super Committee's failure to reach an agreement, was not an option; as it was unnecessary, since the solution to the problem was within its grasp. Failure would also send an adverse rippling effect throughout the world's financial markets, which would offer no good response to the United States' current slow economy and high unemployment status.

1.2 trillion minus 600 billion = six hundred billion (Google Search).

That was exactly half way to the proposed deficit reduction target; and wherever the opposition to the GOP idea was coming from was as unpatriotic as kicking the nation in butt.

If it (GOP idea) was accepted, and it should be accepted, it would be for the Democratic Party Congressional membership to shoulder the other $600 billion dollars, by allowing for the entitlement programs to be trimmed of waste (and graft) to cover that amount.

That would clinch the goal for the Super Committee; that would be the success that the whole nation wanted for the committee.

For now, all the praise and adoration should go to the GOP (Grand Old Party), for showing a great initiative on behalf of the American people.

America appreciates it. It (America) cannot afford any more failures after the downgrading of its high credit standing.