Budget Policy: Congress’ debt-ceiling deal kicked the can over to a special bipartisan “supercommittee” that will make big decisions on spending cuts and taxes. Will that panel be top-heavy with liberals?

There is a lot to fear from the establishment of an umpteenth blue-ribbon commission designed to solve another dilemma said to be beyond the reach of the ordinary legislative procedures of the U.S. government.

One such recent supercommittee of sorts, the 2006 Iraq Study Group, recommended another Vietnam-style surrender for the U.S.; then-President George W. Bush turned the tables with Gen. David Petraeus’ successful Iraq surge initiative.

Tea Party activists are properly worried about Congress’ new supercommittee duping the public into accepting tax hikes and phantom spending reform.

FreedomWorks Vice President Max Pappas, for instance, charged last week that “Speaker Boehner is using the committee as a facade for potential tax increases down the road without having to commit to anything on paper right now while the debate is hot. So essentially, the supercommittee is the tax hike.”

Senate Majority Leader Harry Reid, meanwhile, is mocking “Republican leaders in the Senate saying there will be no revenue.” According to Reid, “that’s not going to happen” because “this joint committee” will agree to politically “painful” tax increases.

Countering Reid, House Budget Committee Chairman Paul Ryan in an interview with Fox News’ Sean Hannity on Monday night promised that Republicans are “not going to put the kind of people on this committee that will go for a tax increase” and “it couldn’t pass the House even if they tried.”

Ryan also argued that the baseline the supercommittee will be using “makes it impossible to raise taxes.”

Read more here:

http://www.investors.com/NewsAndAnalysis/Article/580305/201108021906/Beware-The-Supercommittee.htm?