In a joint news release, Joint Committee on Deficit Reduction Co-Chairmen Sen. Patty Murray (D-Wash.) and Jeb Hensarling (R-Texas) said they concluded today that they will not be able to make “any bipartisan agreement” public before the deadline.
The brief statement was mostly positive and forward-looking, saying the co-chairmen were “disappointed” at the failure but “hopeful” that Congress would act in its place.
“Despite our inability to bridge the committee’s significant differences, we end this process united in our belief that the nation’s fiscal crisis must be addressed and that we cannot leave it for the next generation to solve,” the statement said.
The two also said they hoped Congress could “build on this committee’s work.”
The statement also thanked the 12 members of the super committee; two staffers, Staff Director Mark Prater and Deputy Staff Director Sarah Kuehl; and Douglas Elmendorf of the Congressional Budget Office and Thomas Barthold of the Joint Committee on Taxation.
From left, Lisa Peng, daughter of Peng Ming, Grace Ge Geng, daughter of Gao Zhisheng, and Ti-Anna Wang, daughter of Wang Bingzhang, hold pictures of their imprisoned fathers during a House Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations hearing in the Rayburn House Office Building titled “Their Daughters Appeal to Beijing: ‘Let Our Fathers Go!’”
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.