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Examples
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In a sign of broader anxiety among investors, attention swung almost immediately from Europe to worries in the U.S. In particular, the economy and Congress's so-called "super-committee" on deficit reduction, which is set to decide on budget cuts by Thanksgiving weekend.
Dow at 12208, Boosted by Deal Jonathan Cheng 2011
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The biggest question mark in Washington's response to the downgrade is the so-called "super-committee" created by the legislation last week that raised the nation's statutory borrowing limit.
Political Perils Have a Broad Reach Jonathan Weisman 2011
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And what happens now that nothing has happened with the laughably titled "super-committee?"
William Bradley: Sound and Fury: The Utterly Unsurprising "Super-Committee" Flop William Bradley 2011
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The Joint Select Committee on Deficit Reduction, dubbed the super-committee, was formed as part of the last-minute compromise this summer to raise the legislative borrowing limit and avoid default.
The Globe and Mail - Home RSS feed KEVIN CARMICHAEL 2011
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And what happens now that nothing has happened with the laughably titled "super-committee?"
The Full Feed from HuffingtonPost.com William Bradley 2011
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A so-called super-committee, made up of members of both parties and both congressional houses, will soon suggest where to slash spending to reduce the U.S. deficit.
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Obama's remarks will push the so-called "super-committee" charged with finding at least $1.2 trillion in deficit reduction by November to undertake comprehensive tax reform guided by five principles: lowering tax rates; eliminating wasteful loopholes and tax breaks; reducing the deficit by $1.5 trillion; boosting job creation and growth; and being consistent with the "Buffett Rule."
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Obama's remarks will push the so-called "super-committee" charged with finding at least $1.2 trillion in deficit reduction by November to undertake comprehensive tax reform guided by five principles: lowering tax rates; eliminating wasteful loopholes and tax breaks; reducing the deficit by $1.5 trillion; boosting job creation and growth; and being consistent with the "Buffett Rule."
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Those ideas are part of a blueprint Obama will send for consideration by a congressional "super-committee" tasked with finding at least $1.2trn in savings over a decade.
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The super-committee must report its findings before 23 November otherwise $1.2trn in cuts to defence and entitlement programmes will go into effect automatically in 2013.
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