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The Joint Select Committee on Deficit Reduction, often called the "supercommittee," holds its first organizational meeting after being created out of the bipartisan compromise on the debt ceiling crisis in August, on Capitol Hill in Washington, Thursday, Sept. 8, 2011. From left to right are Rep. Dave Camp, R-Mich., Rep. James Clyburn, D-S.C., Rep. Fred Upton, R-Mich., and Rep. Jeb Hensarling, R-Texas, committee co-chair. Made up of six Republican and six Democratic members of Congress, the panel is charged with finding, by Thanksgiving, $1.5 trillion in savings over the next decade. (AP Photo/J. Scott Applewhite)

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