The “Super Committee” charged with cutting the US federal government’s longstanding spending spree by $1.5 trillion over the course of a decade has utterly failed to achieve their goals.

“We have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline,” said the statement from Sen. Patty Murray (D-Wash.) and Rep. Jeb Hensarling (R-Texas).

Leaving all the purely partisan “blamecasting” aside, how much did we, the People unwillingly pay for this foredoomed farcical exercise?

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