(WHAS11) A powerful new committee of lawmakers has been created to find a bipartisan plan to slash the federal budget deficit by over $1 trillion.
Senate Minority Leader Mitch McConnell has named Republican senators Jon Kyl of Arizona, Pat Toomey of Pennsylvania and Rob Portman of Ohio, to the panel.
Senate Majority Leader Harry Reid has appointed Democrats Patty Murray of Washington State, John Kerry of Massachusetts and Max Baucus of Montana.
Republican House Speaker John Boehner has appointed Republican representatives Jeb Hensarling of Texas, and Dave Camp and Fred Upton both of Michigan, to the committee.
Nancy Pelosi will choose the final three house Democrats, but has not announced that decision yet.