Monday 21 November 2011

Super failure: Deficit-cutting panel gives up

WASHINGTON — Congress' supercommittee conceded ignominious defeat Monday in its quest to conquer a government debt that stands at a staggering $15 trillion, unable to overcome deep and enduring political divisions over taxes and spending. Stock prices plummeted at home and across debt-scarred ...


Related News:-

  • Deficit-cutting panel girds for failure


  • WASHINGTON — A high-profile congressional effort to trim stubborn U.S. budget deficits appeared near collapse on Friday as Democratic and Republican lawmakers were unable to ...

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