The Hill is reporting that Senator Max Baucus is a leading candidate for the new, super-duper, extra-special, deficit-reducing squad created by last week’s debt deal, while the Huffington Post is saying he’s less likely to be chosen:
The major contenders to be selected by Senate Majority Leader Harry Reid (D-Nev.):
* Sen. Max Baucus (D-Mont.) – Finance Committee chairman has jurisdiction over entitlement programs and he served on the Simpson-Bowles commission. The Huffington Post, however, reported on Monday that Baucus is unlikely to be tapped.
I think Senator Reid should remember that Baucus bears some of the responsibility for the mess we’re in now, being one of the Democratic cheerleaders for the Bush tax cuts that are primarily responsible for the current deficit.
I don’t have much faith that this new, second super committee to address the long-term debt will accomplish much, but Democrats can’t afford a vote for more fiscal irresponsibility when it comes to tax policy. Baucus’s intentions may be better these days, but his instinct to run to the center (no matter how far right that is) would be very dangerous on a committee like this.