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Thursday, August 4, 2011

postheadericon Dem senator predicts 'supercommittee' members will compromise

There will be some compromise between the Republican and Democratic sticking points for deficit reduction in the so-called "supercomittee," Sen. Sherrod Brown (D-Ohio) said Thursday.

Speaking on MSNBC, Brown said he expected the 12-person group of legislators charged with finding $1.5 trillion in deficit-reduction cuts to reach some middle ground on their proposals for reducing the deficit.

"I think there will be some compromise," Brown said. "I think that we will see, for instance, some hedge fund managers and Wall Street pay a lower tax rate than a teacher or construction worker in Garfield Heights, Ohio, but we know that those kinds of loopholes â€" I've got to think Republicans will finally will give on those and I think Democrats will look at what'll we do with entitlements.

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