House Republicans’ panel picks might prove the most important. Several attempts at reaching a “grand bargain” on the deficit have blown up over the House GOP’s consistent opposition to tax increases. Reid last week warned that the committee would not produce a bill unless Republicans agreed to increase revenue.
Failing to reach a deal would trigger an automatic $1.2 trillion cut in defense, Medicare and other programs starting Jan. 1, 2013.
Former Sen. Scott Brown, R-Mass., candidate for U.S. Senate in New Hampshire, holds his hand over his heart during the singing of the national anthem as he waits to take the stage for his town hall campaign rally with Sen. John McCain at the Pinkerton Academy in Derry, N.H., on Monday, Aug. 18, 2014.