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Scott Wong of POLITCO reports on strategy of the supercommittee, "
“It wouldn’t make sense to try to reinvent the wheel,” California Rep. Xavier Becerra, a supercommittee member and the Democratic Caucus vice chairman, told POLITICO.
“We can take a lot of the good work that was done by any of these commissions and groups to give us a set of ideas which we can work off of,” he said. “If we do that, I think that can help us accelerate our time frame.”
While that doesn’t sound terribly ambitious, it does create a pretty familiar road map for the deficit panel: tax code reform, including closing loopholes for special interests and overhauling the big entitlement programs of Medicare, Medicaid and Social Security. Other cuts to domestic programs are also under discussion, though the Defense Department is fighting deep cuts to military programs."
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