Super Congress goes back to sleep.
As many Reality Based journalists have pointed out, if the Congress does absolutely nothing for the next 14 months, much of our budgetary issues will go away when the Bush Tax Cuts expire. Of course, the GOP will no doubt burn down the Capitol building and shoot a bunch of schoolchildren before they let that happen, but in theory at least, it's a good idea to bet on gridlock.
UPDATE:
Chait has a pretty good take on the Super Congress here. He makes the point that it did exactly what it was supposed to do.
From Charlie Pierce:
Kerry and the other Democratic suckers failed to realize that Republican intransigence appeals to an actual viable political constituency, while Democratic flexibility appeals to about 42 op-ed columnists and three guys with mailing lists.
Read more: http://www.esquire.com/blogs/politics/super-committee-failure-6593851#ixzz1eN5sxO7w
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