By Phil Kerpen

Vice President for Policy
Americans for Prosperity

It now appears the Joint Select Committee on Deficit Reduction (the “Super Committee”) will deadlock, resulting in automatic spending cuts of $1.2 trillion over the next 10 years. Some are decrying this as a failure; I’m celebrating it as a victory. Clearly, much more must be done to cut federal spending and avert a fiscal crisis. But real spending cuts were never on the table. What was on the table was a disastrous tax hike that would have undermined our economic recovery and given Washington politicians even more money to spend, undermining the goal of cutting spending.

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