The debt-ceiling deal signed into law last month established a bipartisan, bicameral supercommittee charged with finding at least $1.2 trillion in deficit reduction.

Corker also commented on President Obama's $447 billion jobs bill, presented to Congress Thursday night, saying he doubted short-term stimulus could match the potency of a long-term fix to the tax code.

"I hope what we will not do is become sidetracked on things that are more working around the edges ... short-term in nature because I think ... creating that-long term environment ... there is nothing that could be more stimulative in the short term," he said.

The Senate adjourned for the week Friday at about 12:30 p.m.