Ever since President Obama proposed his jobs bill he’s been like a travelling salesman trying to sell the budget busting plan. We haven’t been hearing much about the $16 trillion national debt, or whatever it is today. Well, the deadline for House and Senate committees to submit ideas for slashing the deficit to the Super Committee is this week.

House and Senate committees must submit their deficit-slashing ideas to the supercommittee by the end of the week, giving the 12 members a little more than a month to consider them before the Thanksgiving deadline to agree on a deficit-reduction plan.

Although Democrats lead the Senate, Republicans on the Finance Committee will issue a separate recommendation from their counterparts across the aisle on how they think the supercommittee should find $1.2 trillion in savings.

Hinting that reaching consensus was difficult even for the dozen Republicans, Ranking Member Orrin Hatch told reporters on Tuesday that the proposal will include reforms to Medicare but stick mainly to general ideas that everyone could agree to. (Read More)

What are the odds this Super Committee is even going to put a dent in the national debt? They’ll gut the military and call it a day.