Deficit Reduction Supercommittee Falters

by Admin | November 22, 2011 8:11 pm

November 22, 2011—The joint congressional committee tasked with developing a $1-billion-plus deficit reduction plan announced yesterday that it had failed to reach a deal.

What the collapse of the Joint Select Committee on Deficit Reduction means for the 340B program is not completely clear. The panel’s failure to reach a bipartisan consensus triggers approximately $1.2 trillion in automatic, across-the-board spending cuts beginning in January 2013.  

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Source URL: https://340binformed.org/2011/11/deficit-reduction-supercommittee-falters/

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