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."

Jordan's comments come the same day that both House Speaker John BoehnerJohn BoehnerLobbyists bounce back under Trump Business groups silent on Trump's Ex-Im nominee Chaffetz won't run for reelection MORE (R-Ohio) and Senate Minority Leader Mitch McConnellMitch McConnellMcConnell warns Dems: No 'poison pills' in funding measure UN contacted Trump administration on ObamaCare repeal: report Congress nears deal on help for miners 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 BoehnerLobbyists bounce back under Trump Business groups silent on Trump's Ex-Im nominee Chaffetz won't run for reelection 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 PortmanRob PortmanSenators push 'cost-effective' reg reform Overnight Energy: Lawmakers work toward deal on miners’ benefits Lawmakers urge Pruitt not to close Midwest EPA office 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 ReidDraft House bill ignites new Yucca Mountain fight Week ahead: House to revive Yucca Mountain fight Warren builds her brand with 2020 down the road MORE (D-Nev.) on Tuesday chose Sens. Max BaucusMax BaucusChanging of the guard at DC’s top lobby firm GOP hasn’t reached out to centrist Dem senators Five reasons why Tillerson is likely to get through MORE (D-Mont.), John KerryJohn KerryEgypt’s death squads and America's deafening silence With help from US, transformative change in Iran is within reach Ellison comments on Obama criticized as 'a stupid thing to say' MORE (D-Mass.) and Patty MurrayPatty MurrayTrump said he would create ‘more jobs and better wages’ — he can start with federal contractors Sanders, Dems introduce minimum wage bill Week ahead: Senate panel to vote on Trump's FDA pick 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.