Debt panel poised to admit failure (AP)

[TimesTen]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20111121/ap_on_go_co/us_debt_supercommittee"><img src="http://d.yimg.com/a/p/ap/20111120/capt.fbf13718f1294cff9a8a3856a22415fd-fbf13718f1294cff9a8a3856a22415fd-0.jpg?x=130&y=90&q=85&sig=klLPSFKo_pYf3IYBL6f9Yg--" align="left" height="90" width="130" alt="FILE - In this Sept. 13, 2011 file photo Supercommittee co-chairs Rep. Jeb Hensarling, R-Texas, left, and Sen. Patty Murray, D-Wash., right, confer as the Joint Select Committee on Deficit Reduction meets to hear testimony about the national debt from the Congressional Budget Office director on Capitol Hill in Washington. Fanning out to the sets of various talk shows Sunday, Nov. 20, 2011, Democrat and Republican Supercommittee members blamed one another other for a deepening impasse that has all but doomed any chances for accord. (AP Photo/J. Scott Applewhite, File)" border="0" /></a>AP - A special deficit-reduction supercommittee appears likely to admit failure on Monday, unable or unwilling to compromise on a mix of spending cuts and tax increases required to meet its assignment of saving taxpayers at least $1.2 trillion over the coming decade.</p><br clear="all"/>

 

More...