The Washington Post today reports that:
The congressional “supercommittee” stumbled its way toward failure Sunday, with final staff-level discussions focusing mostly on how the panel should publicly admit that lawmakers could not meet their mandate of shaving $1.2 trillion from the federal debt.
Read the Post’s full story here.
Speculation about the repercussions of a failure to reach a deal has started – two additional Post blog items below cover issues important to Maryland’s economy and state budget:
Effects on Federal Education Policy and Funding
MACo’s 2012 Winter Conference, January 4 – 6 at the Hyatt in Cambridge, MD, will feature several sessions dealing with federal cutbacks and meeting mandates including “Federal Fallout: Prioritizing Citizen Services” and “What do Federal Cuts Mean for Your County?” Other sessions will focus on providing services and meeting state or federal requirements on lower budgets. For session descriptions and schedule, please download the registration brochure. You can also register online and reserve your hotel room at the Hyatt online.
