Sunday, 20 November 2011

U.S. Debt Supercommittee Is Said to Be Poised to Announce Failure of Talks

A debt-reduction committee with special powers that was supposed to dissolve congressional gridlock in Washington is instead on the brink of failure, setting the stage for $1.2 trillion in automatic spending cuts. The 12-member bipartisan supercommittee likely will announce today that it can’t ...


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