U.S. Sen. Max Baucus (D-MT) (L-R), Sen. Rob Portman (R-OH) and Sen. John Kerry (D-MA) listen to testimony as they meet for the first time for a Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

U.S. Sen. Max Baucus (D-MT) (L-R), Sen. Rob Portman (R-OH) and Sen. John Kerry (D-MA) listen to testimony as they meet for the first time for a Joint Deficit Reduction Committee hearing on Capitol Hill in Washington, September 13, 2011. The panel has the job of finding at least $1.2 trillion in government budget savings over the next decade, following up on $917 billion in deficit reduction agreed in August. REUTERS/Jonathan Ernst (UNITED STATES – Tags: POLITICS BUSINESS)