Then we create a new joint committee of the Congress, a permanent standing committee of the Congress, whose sole purpose would be to reduce spending, find ways to reduce The deficit reduction committee would have to find 10% savings of the deficit every budget cycle. every budget cycle. So that would be a second component. And then finally we reform the budget process. We make it a biannual budget process as opposed to an annual one. (00:30–00:37)
CLAIM
Asserts that the deficit reduction committee must find 10% savings of the deficit each budget cycle.
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