It's just about over for a special deficit-reduction supercommittee, which appears set to admit failure on Monday in its quest to sop up at least $1.2 trillion in government red ink over the coming decade.
Increasingly gripped by stalemate, Republicans and Democrats on a congressional deficit-reduction supercommittee now seem to be devoting more time to assigning blame than working through the sharp differences that divide them.
The top Republican in the House says a recent proposal by GOP members of a special deficit committee is a "fair offer" despite criticism from conservatives who say it breaks the party's pledge on taxes.
The No. 2 Republican in the House said Monday he's still confident that a bipartisan deficit "supercommittee" will be able to reach agreement even though there's little more than a week to go before its deadline.
Even as a recent good-faith swap of offers showed a narrowing of differences over taxes, a special deficit-cutting "supercommittee" seems to have hit a major snag just two weeks before its deadline.
Members of a special deficit-cutting panel are getting renewed encouragement from their colleagues even as they remain far apart on taxes and cuts to so-called entitlement programs like Medicare.
Members of a special deficit-cutting panel are getting renewed encouragement from their colleagues even as they remain far apart on taxes and cuts to so-called entitlement programs like Medicare.
With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion over the coming decade, showing flexibility on tax revenue increases for the first time while proposing to gradually raise the Medicare eligibility age to 67...
Capitol Hill Republicans say the GOP members of a deficit "supercommittee" are showing flexibility on revenue hikes as the panel heads closer to its Thanksgiving deadline.