Fundamentally, we believe in shrinking the role of government and cutting spending, and they have the opposite view. /
Well..DUH
What will happen:
The super committee will fail to provide recommendation on spending reductions with the committee deadlocked at 3-3.
Congress, facing a 1 trillion dollar plus Sequestration, will pass a law stopping the sequestration.
It will be signed by Obama.
The first tranche cuts are all we are going to get, but Obama will get all 2.4 trillion of debt ceiling increase.