Excuse me but does this bill not create a Special Committee (Polit Bureau) on the budget and debt? Also does this same bill not DEEM anything they pass as passed by the house? Do you not think for 1 minute this Special Committee will not be given broader authority and powers in the very near future?
Ever heard of BRAC? The Base Realignment and Closure Committee. It did something very similar and its members were appointed by the President. It didn't even have to have elected representatives on it. The Congress created it and bound itself to it's decisions - and it actually worked fairly well. Somehow the republic didn't fold.
Also does this same bill not DEEM anything they pass as passed by the house?
No, where are you getting such information. Whatever it decides still goes to full vote before both bodies of Congress. The only thing they can't do is amend it's decisions or filibuster it. If Congress doesn't like what the super committee decides they can just vote against it. If what they put forward fails, the automatic spending cuts go into effect.
Do you not think for 1 minute this Special Committee will not be given broader authority and powers in the very near future?
No. This sounds like black helicopter stuff. This committee is empowered to do one thing. It hashes out a spending cut program and Congress can simply vote against what it proposes. If they do, the rest of the spending cuts in the bill simply go into effect.