No deal to ease US Budget deficit

http://www.euronews.net/ In the U.S. a so called 'super committee' is set to admit defeat in its bid to come to grips with the country's debt deficit.




The Republican and Democrat leaders of the 12- member committee will release a statement saying three months of talks have failed to bridge deep divides over taxes and spending.




It is seen as another sign that U.S lawmakers are too entrenched to compromise on the tax increases and benefit cuts which experts say are necessary.

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News & Politics

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• euronews
• economy
• Deficit
• USA

[TheYoungTurdz]

This committe was a failure from the start. They needed to cut 4T to have a positive effect, and they only shot for 1.2 T. Idiots. Only an idiot went on to this committe after the president turned down his last committe; simpson & bowles! What will obama's next waste of time be? The SUPER DUPER COMMITTEE that Obama will again NOT get involved in?? What a loser!! He is NOT a leader! He will be fired!!

[1Makyo]

@Aetrion never know if the one you are talking with on Youtube actually has a brain or not. stupid will fix nothing.

[kojimapie]

@1Makyo huh?

[btrask3]

Clearly, this is what happens with arrogant, incumbent, corrupt, multi-billionaires, who are ELECTED to represent the average people... sell their VOTES to the highest bidders. Democrat or Republican... it doesn't matter... they don't give a damn about America, or the legacy we are leaving to our children.

Stop the spending!... Government bureaucracy is wasteful, inefficient and most always CORRUPT... i.e. USPS, Freddie, Fannie, EPA, Dept of Ed, HUD, Energy, SEC, ATF,.TSA... they're failures!

[TheYoungTurdz]

@NutBuster1100 Generic Repulican 2012. The pendulum must be swing hard to the right to undo the damage caused now and in the future by this admin.

Time to undo the HC fiasco, otherwise we will be Greece! No leader would allow that!

[LoveIsNotNotLove]

Why increase tax 2% on US workers, when all you need to do is close down Congress and save yearly trillions in mismanaged earmarked crony-capitalist lobbiest 'soft-corruption'-- term from CBS special-- related waste? You'd also get rid of self-authorized inside trading racket there too, that CBS exposed a couple weeks ago, to boot. Everything the banks touch they either poison, ruin or plain out destroy or kill, be it the enviroment, education, democracy, healthcare,soil,water & even our DNA!(?)

[Panchee123]

wow imagine that. An unconstitutional committee failing miserably. None of this would have happened if they followed the rules but ......................well we all know the drill

[allyoucouldhave]

USA is on the way to collapse.

There is no way for USA to solve the deficit problem.

The deficit will grow out of control in 5 years. Then the interest will be too high to be paid let alone.

[kkohler1oreN]

Did they really expect the Super Committee to make any actual progress? No, we didn't. Now let's do some real work and actually make something happen instead of trying to give 6 different "special" members from opposite sides of the isle some reason to exist in a closed group. Let's cut all the waste, end the wars, end some bases in other countries, tax the rich more and the poor gets taxed enough, there's our money!

[Aetrion]

@TheYoungTurdz You don't get it do you? Both parties are completely bought, as long as people vote for either of them nothing is going to change...

[TheYoungTurdz]

@Aetrion The "occupiers" and Obama with his class warfare routine. He took Wall Street money, and now they are turning on him. The government should NOT be for sale, yet politicians sell it every day. Out of the top 20 wealthiest, 18 are Democrats. THAT should tell the useful idiots who vote for them a thing or two.