Late last week, there were reports that House Republican leaders were beginning to try and round up support for a deal by the supercommittee that falls short of its $1.2 trillion mandate. House Republican leaders are hoping to avoid another fight over budget related issues, which previously saw the chamber vote down a continuing resolution late last month just days before the end of the fiscal year. Reports indicate that the supercommittee is unlikely to reach a deal on entitlement spending or tax increases making it difficult for the committee to achieve $1.2 trillion in deficit reduction. If such a situation plays out, automatic cuts will be implemented in order to bring the total deficit reduction to $1.2 trillion. These automatic cuts are split evenly between defense and non-defense spending.