Yesterday, the United States Chamber of Commerce sent a letter to the members of the super-committee calling on it to exceed its mandate of $1.2 trillion in deficit reduction and create a plan that truly addresses our fiscal challenges.

Today at 1:30, the Budgeting for National Priorities Project at Brookings will host a distinguished panel to discuss the challenges that the new Joint Select Committee will face in their task to reduce the federal deficit. The panel will talk about the implications of choosing a baseline for measuring deficit reduciton, the history of previous "super committees," and the congressional politics involved in any debt deal agreement.

Updated to reflect House Minority Leader Nancy Pelosi's appointments.