Joint Select Committee on Deficit Reduction to be Formed

The Joint Committee should be established by August 16th.  While there is much speculation about likely members of this Committee, no information is expected to be made public until the official announcement. The Committee will consist of six Democrats and six Republicans chosen by Congressional leadership: Senate Majority Leader Harry Reid (D-NV); Senate Minority Leader Mitch McConnell (R-KY); House Speaker John Boehner (R-OH); and House Minority Leader Nancy Pelosi (D-CA).  Senator Reid and Speaker Boehner will appoint the Co-Chairs.

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