A group of 200 organizations, including AMT, called on the Joint Select Committee on Deficit Reduction (popularly know as the “Super Committee”) to go beyond the legislative mandate of the Budget Control Act and take steps to rein in spending, reform the tax code, reduce the deficit, and stabilize and ultimately lower America’s level of debt.
The congressional group of six Democrats and six Republicans is charged with finding at least $1.2 trillion in budget savings by November 23. Failure to get a bill through Congress and signed into law by January 15, 2012 would trigger across-the-board spending cuts in defense and non-defense programs, endangered adequate funding for programs supported by AMT’s Manufacturing Mandate.
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