The Joint Select Committee on Deficit Reduction, colloquially referred to as the Supercommittee, was a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August 2, 2011. This act was intended to prevent the sovereign default that could have resulted from the 2011 United States debt-ceiling crisis. The objective of the committee was to develop a deficit reduction plan over 10 years in addition to the $917 billion of cuts and initial debt limit increase of $900 billion in the Budget Control Act of 2011 that avoided a U.S. sovereign default. The committee recommendation was to have been subject to a simple vote by the full legislative bodies without amendment; this extraordinary provision was included to limit partisan gridlock. The goal outlined in the Budget Control Act of 2011 was to cut at least $1.5 trillion over the coming 10 years (avoiding much larger "sequestration" across-the-board cuts which would be equal to the debt ceiling increase of $1.2 trillion incurred by Congress through a failure to produce a deficit reduction bill), therefore bypassing Congressional debate and resulting in a passed bill by December 23, 2011. On November 21, the committee concluded its work, issuing a statement that began with the following: "After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee's deadline." The committee was formally terminated on January 31, 2012.

Historical precedents

In both form and process, the Joint Select Committee on Deficit Reduction was an unusual construct in the American federal legislative system. The Base Realignment and Closure process provides a partial precedent. Senate historian Donald Ritchie found inexact parallels between the Joint Select Committee and various historical joint committees. The only precedent for the committee's power to write and report legislation is the 1946–1977 Joint Committee on Atomic Energy.

United States Congressional Joint Select Committee on Deficit Reduction

Structure and membership

The committee comprised twelve members of Congress, six from the House of Representatives and six from the Senate, with each delegation evenly divided between Democrats and Republicans. Three members each were appointed by the Speaker and Minority Leader of the House and by the Majority and Minority Leaders of the Senate. Two of the members were designated as co-chairs, one each by the Senate Majority Leader and by the Speaker of the House. The law made no requirement that either chair be from a specific house or a specific party. The Los Angeles Times predicted before the committee was constituted that the "most important players" in the process would be the four leaders selecting the twelve committee members. Commentators noted that the plan would advance with a seven-member majority if any single member deviated from party lines.

United States Congressional Joint Select Committee on Deficit Reduction

Members

On August 9, Senate Majority Leader Harry Reid, announced the Senate's Democratic members of the committee. Speaker John Boehner and Senate Minority Leader Mitch McConnell announced the Republican appointments to the committee from both houses on August 10, 2011. House Minority Leader Nancy Pelosi announced her choices on the following day.

United States Congressional Joint Select Committee on Deficit Reduction

Murray was serving as the Senate Democratic Conference Secretary, chair of the Senate Committee on Veterans' Affairs, and chair of the Democratic Senatorial Campaign Committee. Hensarling was vice-chair of the House Committee on Financial Services, chairman emeritus of the Republican Study Committee, and House Republican Conference Chair.

Kerry and Baucus were each chairing standing Senate committees (Foreign Relations and Finance, respectively), members of the Senate Finance Committee and were among the ten most senior members of the U.S. Senate. Kyl was Senate Minority Whip. Toomey was a member of the Joint Economic Committee. Portman was a former Director of the Office of Management and Budget and a former U.S. Trade Representative.

Camp was chairing the House Committee on Ways and Means and the Joint Committee on Taxation. Upton was chairing the House Committee on Energy and Commerce. Clyburn was the third-ranking House Democrat. Becerra was the ranking member of the Ways and Means Social Security Subcommittee and was vice-chair of the House Democratic Caucus. Van Hollen was the ranking member of the House Budget Committee and had formerly chaired the Democratic Congressional Campaign Committee.

Baucus, Becerra, Camp, and Hensarling had served on the National Commission on Fiscal Responsibility and Reform; all four had voted against the Simpson-Bowles plan that emerged from that committee.