Super Committee Is Officially a Failure
The deficit-reducing Super Committee, which everyone thought would fail, has officially admitted failure in a press release today.
The Obama administration had a hard time countering a study that found Obamacare actually added $340 bilion to the deficit, which started making headlines before it was publicly available on Tuesday.
The deficit-reducing Super Committee, which everyone thought would fail, has officially admitted failure in a press release today.
If the Supercommittee can't come up with a deal to slash the deficit, automatic reductions to defense spending would take place. But is that really likely?
Here's what we know about the tight-lipped deficit slashers
Republicans are attacking Obama's millionaire's tax while Rick Perry tries out populism
Presidential candidate says recent natural disasters are a message from a higher power
The House Speaker doesn't want a repeat of April's government shutdown drama
House Republicans want to force a vote on raising the debt ceiling without spending cuts
Mitch McConnell acknowledges that the vote is "the point of maximum leverage"
Republicans in Congress aren't eager to either criticize or vote for the proposal
Republican walks out of budget talks over demands for entitlement reforms
NBC's First Read thinks so, and Nikki Haley's comments might support the theory
Some Treasury accounting tricks will buy Congress a few more months to negotiate
Boehner has long just wanted to talk, truthfully (and sometimes seriously)
House speaker calls for Mitch Daniels and Chris Christie to run in 2012
The GOP ranks are stuck with a vote to cut Medicare in a budget that won't pass
Angry voters who don't want Medicare to change--and Dems are egging them on
GOP starts attacking the clowning candidate in their midst
The political battle between Democrats and Republicans convince you they're grown-ups
White House wanted softie interviews with local TV reporters to sell deficit proposals
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