Bringing great attention to, and making big fanfare about something that in reality has little or no possibility of sucess, or has far less significant outcome than originally expressed. Originates from the establishment of a Committee established to purportedly reduce the debt of the federal government in 2011. Unfortunately the committee and the establishment of this committee was all a ruse, and failed to produce any significant debt reduction, but more legislative back-biting in congress. Alt. - See Smoke and Mirrors.
You want a new car? Let me establish a super-committee and we'll get right on that one.