A leader of the House conservative caucus said he’s not "overly optimistic" about the prospects for the budget-deal "supercommittee."

"I think we need to stand strong and say we're not going to raise taxes and we’ve got to cut spending," Rep. Jim Jordan (R-Ohio), chairman of the Republican Study Committee, said Wednesday in an interview with Neil Cavuto on Fox News. "And we'll see how this all plays out, but I guess I'm not overly optimistic that they're going to be able to reach an agreement that actually makes sense for the country, that actually reduces spending and doesn't raise taxes."

ADVERTISEMENT
Jordan's comments come the same day that both House Speaker John BoehnerJohn Andrew BoehnerJohn Feehery: A political forest fire Trump's pick for Federal Reserve chief is right choice at right time The two-party system is dying — let’s put it out of its misery MORE (R-Ohio) and Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellGOP strategist donates to Alabama Democrat McConnell names Senate GOP tax conferees Brent Budowsky: A plea to Alabama voters MORE (R-Ky.) announced their selections for the bipartisan panel of 12 legislators charged with finding at least $1.5 trillion in deficit reductions by Nov. 23.

The committee was established as part of the recently passed legislation that raised the debt ceiling. Jordan voted against the measure.

Democratic and Republican leaders in both chambers have until Aug. 16 to each pick three members to sit on the committee.

Of the four leaders, only House Minority Leader Nancy Pelosi (D-Calif.) has yet to announce her choices.

BoehnerJohn Andrew BoehnerJohn Feehery: A political forest fire Trump's pick for Federal Reserve chief is right choice at right time The two-party system is dying — let’s put it out of its misery MORE selected Ways and Means Committee Chairman Dave Camp (R-Mich.), Energy and Commerce Committee Chairman Fred Upton (R-Mich.) and House Republican Conference Chairman Jeb Hensarling (R-Texas) to serve on the panel. Hensarling, a former chairman of the Republican Study Committee, will serve as supercommittee co-chairman.

McConnell appointed Sens. Jon Kyl (R-Ariz.), Rob PortmanRobert (Rob) Jones PortmanMcConnell names Senate GOP tax conferees Overnight Finance: House approves motion to go to tax conference — with drama | GOP leaders to consider Dec. 30 spending bill | Justices skeptical of ban on sports betting | Mulvaney won't fire official who sued him How four GOP senators guided a tax-bill victory behind the scenes MORE (R-Ohio), a budget director in the George W. Bush administration, and Tea Party favorite Pat Toomey (R-Pa.).

Senate Majority Leader Harry ReidHarry ReidBill O'Reilly: Politics helped kill Kate Steinle, Zarate just pulled the trigger Tax reform is nightmare Déjà vu for Puerto Rico Ex-Obama and Reid staffers: McConnell would pretend to be busy to avoid meeting with Obama MORE (D-Nev.) on Tuesday chose Sens. Max BaucusMax Sieben BaucusBooker tries to find the right lane  Top Lobbyists 2017: Hired Guns GOP tries to keep spotlight on taxes amid Mueller charges MORE (D-Mont.), John KerryJohn Forbes KerryLobbying world Kerry: Trump not pursuing 'smart' or 'clever' plan on North Korea Tillerson will not send high-ranking delegation to India with Ivanka Trump: report MORE (D-Mass.) and Patty MurrayPatricia (Patty) Lynn MurrayDemocrats turn on Al Franken VA slashes program that helps homeless veterans obtain housing: report The Hill's 12:30 Report MORE (D-Wash.).

Before any supercommittee members were announced, Democrats and Republicans were already voicing sticking points the panel would be facing. Republicans have said that there would be no agreement that included tax increases, while Democrats have said everything should be on the negotiating table, including raising taxes.