Chicago Sun-Times
The scoop from Washington

Debt Supercommittee: No deal in the works

| No Comments

The House-Senate Supercommittee is facing a Monday deadline with little chance of making a deal, lining up a series of mandatory cuts neither Republicans nor Democrats will like. The bitter pill of the mandatory cuts was supposed to be enough to force a compromise on reducing the debt and deficit and possibly raising revenues. The Supercommittee was spawned last summer as a result of the showdown over raising the debt ceiling--an undistinguished episode for the Obama administration.

To get up to speed on congressional Supercommittee deadlock:

The Daily Beast's Patricia Murphy offers great insight into why the panel flopped HERE.

Read the CNN story HERE.

Read the Bloomberg News story HERE.

Leave a comment

Get the Sweet widget

More widgets


Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

Stay in touch

About this Entry

This page contains a single entry by Lynn Sweet published on November 21, 2011 7:27 AM.

Rahm Emanuel Nov. 21 public schedule. CTA safety was the previous entry in this blog.

Huntsman on "Saturday Night Live" is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.