EFTA01089472Set 9
2012-05-252p476w
fiscal restraints imposed as a result of last year's failed
"super committee" negotiations, prior to the Jan. 1 deadline.
HuffPost's Ryan Grim reported on the situation last fall ... election to stave off the expiration
of both that tax policy and the super committee's "automatic" cuts.
The most likely scenario: The super committee locks up along partisan lines ... after the 2012
election, bipartisan negotiators deal with the tax cuts and the super committee's sequestration
cuts, along with a basket of other expiring provisions
https://www.justice.gov/epstein/files/DataSet%209/EFTA01089472.pdf
EFTA00937136Set 9
2012-06-1247p18,099w
bipartisan group to
address the long-term fiscal issues. This group was called the Super
Committee, and Obama and Congress agreed: if the committee could not
find a solution, government ... billion dollars, a cut known in Washington
budgetese as "the sequester." The Super Committee failed.
If Obama wins, his immediate task will be to settle more than a decade
https://www.justice.gov/epstein/files/DataSet%209/EFTA00937136.pdf
EFTA02720608Set 11
2012-06-1268p18,185w
bipartisan group to address the long-term
fiscal issues. This group was called the Super Committee, and
Obama and Congress agreed: if the committee could not find a
solution, government ... billion dollars, a cut known in
Washington budgetese as "the sequester." The Super Committee
failed.
If Obama wins, his immediate task will be to settle more than a
decade
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02720608.pdf
EFTA01077755Set 9
22p12,833w
J.P.Morgan
4
The elephant in the room: US government debt
The failure of the Super Committee to agree to a deficit reduction plan cannot be dismissed by saying, "at least ... they will have
mandatory sequestered cuts instead". The Super Committee was supposed to be the beginning of a process, not the end. If it
ends here, the government debt burden
https://www.justice.gov/epstein/files/DataSet%209/EFTA01077755.pdf
EFTA01172027Set 9
8p6,086w
last? Starting with the US, the GSCI TR
failure of last week's Super Committee, despite strong signals that this was a
low•probability risk, had made us quite pessimistic ... above MSCI AC Woad' O
current consensus. But given how fast the Super Committee blew up, we want
MSCI EM' l=i
to see the law signed before changing forecasts
https://www.justice.gov/epstein/files/DataSet%209/EFTA01172027.pdf