. Jeb Hensarling, R-Texas, center, joined by Rep. Xavier Becerra, D-Calif., left, opens the first meeting of the Joint Select Committee on Deficit Reduction, often called the "supercommittee", on Capitol Hill in Washington, Thursday, Sept. 8, 2011

WASHINGTON (AP) — Its task complicated by the cost and politics of President Barack Obama’s $447 billion jobs plan, a special House-Senate deficit-cutting panel worked Tuesday to find a bipartisan consensus on tackling the government’s fiscal woes.

The panel got a sobering message about the budget deficit’s toxic effect on the economy over the long term from economist Douglas Elmendorf, the director of the nonpartisan Congressional Budget Office.

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