Sen. Patty Murray (D) and Rep. Jeb Hensarling (R), the co-chairs of the Joint Select Committee on Deficit Reduction, released the following statement (after the markets closed):
After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee's deadline.
Despite our inability to bridge the committee's significant differences, we end this process united in our belief that the nation's fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. We remain hopeful that Congress can build on this committee's work and can find a way to tackle this issue in a way that works for the American people and our economy.
We are deeply disappointed that we have been unable to come to a bipartisan deficit reduction agreement, but as we approach the uniquely American holiday of Thanksgiving, we want to express our appreciation to every member of this committee, each of whom came into the process committed to achieving a solution that has eluded many groups before us. Most importantly, we want to thank the American people for sharing thoughts and ideas and for providing support and good will as we worked to accomplish this difficult task.
We would also like to thank our committee staff, in particular Staff Director Mark Prater and Deputy Staff Director Sarah Kuehl, as well as each committee member's staff for the tremendous work they contributed to this effort. We would also like to express our sincere gratitude to Dr. Douglas Elmendorf and Mr. Thomas Barthold and their teams at the Congressional Budget Office and Joint Committee on Taxation, respectively, for the technical support they provided to the committee and its members.


It should be pretty obvious now that they had no intentions of cutting spending.. they can't, they're in too deep! It's just going to have to collapse now. I wish it just get it overwith and stop hanging over our heads like a big lead balloon!
It should be pretty obvious now that they had no intentions of cutting spending.. they can't, they're in too deep! It's just going to have to collapse now. I wish it just get it overwith and stop hanging over our heads like a big lead balloon!
Hi. Im a liberal democrat. I am more intelligent than everyone else, and my smug attitude only shows how stupid everyone else is that isnt a liberal democrat. I have an understanding that the peole of this country are too stupid to handle their own affairs, so I want agencies protecting agencies supervising agencies to make sure those that dont need any help pay most of their income to those in need. I either work for these agencies, or get paid to help people that do. Deficit shmeficit! Its fake money anyway. I only care that I get mine today, and let someone else take care of the problems tomorrow. After all, i believe the rich and upper middle class should give more of their income, with NO RESENTMENT AT ALL, so I can keep the less fortunate enslaved and dependent. hey, thats who votes for my friends! Anyone want a free ride, sign up now for the democrat party! I promise you, the more fortunate have plenty of money to give us, till we destroy them. Thats what Obamanomics is all about. Oh, lastly, i am supervising low income housing in New york city, 30 square blocks. Cheap rent subsidized and owned by the chinese govt. They paid cash, american dollars, with only one months interest(25 billion). i think they bought it with the money we borrowed, but i dont care. I hear they are doing this all over the U.S.The new mayor of that area is chinese, and he convinced the city mayor to change immigration laws for chinese citizenship. Its cool, isnt it? You see, a deep thinker keeps asking, and then what would happen, and then what would happen, until you have an end result. You dont have to sell freedom. You have to sell enslavement, which is what all you libs bought. Go ahead, deflect, name call, criticize, grab your rocks and torches and gather round. Your cowardly criticism is shallow and transparent. Just like the murderer Eric Holder and Solyndra scandal. Freedom 2012. Brought by... now and always.... republicans! GOD BLESS AMERICA! LAND OF THE FREEEE( not subsidized and entitled, free) HOME OF THE BRAVE. Signing off, back to work for me! NOT for you! lol!
Where in the world did all of you Liberals come from? Just kiddiing. there are only about 70 of you, and you all speak with forked tongue. Every once in a while, a Conservative writes a comment, and it is such a breath of fresh air. The GOP ers are getting alittle tired of being called dirty names or derrogatory names, and we will not forget. When we win the whole country next year, you will be the reason, and we will not forget the awful lies you told and the ugly language you used about the Republican Party. We will not resort to ugly language, name calling, and vulgarity used when talking about Grover Nordquist, and we will not forget how you maligned and used insufferable lies. You will alll suffer for your Nazi/Communist vitriol...we will not forget. Never. You will be held accountable.
I love when a idiot right winger post nazi/communist....shows the level of ignorance and lack of education. The only people hitler hated more than jews were communist....duh IDIOT. If you do not want to be called dumb, read a book.
P.S. the last Conservative is dead and buried in a grave marked Barry Goldwater. There are NO conservatives left.
Should we on the right side of the aisle contribute to the hatred and stupidity by calling Democrats "cute" NAMES like Dumbocrats, and Demothugs, and Democrappers? Of course not. We are the decent ones, the military veterans, the good guys. In fact, we are too nice. Polls don't mean anything -- they have a 100% margin of error. We gladly fought wars for our country to protect our people, and we never questioned who "our people" were. Now that we know, We have pretty much "called it a day" in fighting wars overseas to "protect" the worst of our population. Our freedom is slipping away because we have tolereated these un-American enemies of America who happen to live here. They have proven once and for all that we should build bigger prisons, and end our caring for the 49% of our people who don't work and don't value their citizenship, i, e,, the Democrats. We should now stop worrying about their welfare, and their lack of money, and just try to restore working values before they are destroyed forever. Taxes? I take in about 49,000 dollars a year, and get taxes po-lenty. I resent the Democrats who think I am a really rich person (the very rich) and they want us to be taxed even more than we are. We are learning that to save
America, we must stop our caring for the very poor --churches will do that -- and we should close our borders to illegal aliens. Our Congress should, and now will, raise its collective voice to put down the entertainment Libs, and the teacher libs, and the racial libs, and the plain old Communists. We have two gigantic oceans that protect us from Asia and Europe. Let's act like iT!
Veteran? On which side? You are definitely not American because American veterans honor and respect their country. Are you so stupid as to believe that Progressives want to raise YOUR taxes? REALLY 49k puts you at poverty level if you have a family. Progressives would put you in a lower bracket. I think you should try a book or two. There are NO bogeymen communist coming for your trailer home. That is a fabrication created by your leaders/gods to scare you into paying THEIR taxes....SNAP OUT OF IT....
the only way this"super"committee is ever going to work is to have pelosi and reed select the 6 republican members,while mcconnel and the boner appoint the 6 democrats...this might better the chance of getting people who would be more willing to compromise,and hopefully come to a few agreements,rather than those were created mostly along party lines...
by the way,what has dick cheney ever been right about???
Not a problem. There are automatic cuts that will fix everything. They will take place in January of 2013. Just after the general election.
Before then, we can expect another Obama credit downgrade. That will be the second Obama credit downgrade in six months. This is the great Obama Depression. The only one with National credit downgrades in U.S. history. Nice job Obama. Keep up the good work. If you get a little tired, take Moochelle on another fine vacation. We don't mind.
Americans can sit in the cold next to their pathetic Charlie Brown Christmas trees and dream about sweet Obama-sized vacations in Hawaii.
Not much under that little tree this year. Not much to look forward to either. Lost dreams, lost homes, broken marriages, disrupted families. No hope. Just sit back and watch the Obamas enjoy themselves at Christmas. HMmmmmmmm.
ABO 2012.
It's funny that the main article says "there may be a silver lining to the committee's failure to reach agreement" and then MSNBC posts a poll asking who to blame? Who to blame for what?
The failure to reach agreement, combined with Obama's promise to veto any attempts to undo the automatic spending cuts, is probably the best possible outcome of this disastrous committee mess. We'll finally see a 10% military cut, 2% medicare cut, and hopefully big agriculture cuts to end the corporate welfare for the mega-farms, since those are about the only things left to cut (since social security, veterans benefits, and a few other areas were excluded from the automatic cuts.)
Democrats, Republicans, and the President should all be praised for being obstinate!
Now, if Obama could only figure out how to stimulate business and generate new hiring in the private sector without spending more billions we don't have. Then we would start to see some improvement in this horrible Obama economy.
What a great leader we have in our White House just when we need such fine leadership. (LOL)
What's Obama's theme going to be next summer?? Can't call it the "SUMMER of RECOVERY" That line's already been used. Can't call it "green shoots" that's been used too.. How about Hope and Change?? No, that won't go over too well anymore.
Maybe "Blame Bush, or your a racist". Yeah, that sounds original. Might just work.
Here is the part of the press release" We want to express our appreciation to every member of this committee, each of whom came into the process committed to achieving a solution that has eluded many groups before us"
Was this a joke. If they worked together as a group then they would have come up with a resolution. This committee and the congress are the worst in history. They put their self serving goals before the people who elected them. We need to wise up and kick them out on the next election. We have no one to blame but ourselves for electing these idiots to the office.
how long does it take for you decide what goes where and who gets what i think that the government need to get some working housewives and working poor people into the super committee to solve this problem you have all of these lawyers docctors speaker of the house , congress all with degrees , and they cannot pass a bill or figuer out what needs to be cut put some wives in charge we run the homes we live in on a lesser budget anyway
They were intended to fail, the members were chosen to ensure they failed so they failed! Get over it. Every bit of this can be fixed by tossing the big spenders and the HNIC out and replacing them all with fiscal conservatives.
This is a deliberate attempt to stall for time until the next election determines the winner and it stinks to high heaven.
JG-955213
As the German reporter said in the Statement yesterday to the State Department the US GDP to Spending is worse than Europe and OBAMA should stop blaming the EU problems on American Problems. OBAMA has created or allowed without concern Freddie and Fanny and Franc Dode and Stimulus and OBAMA Care and spending, spending in the us.
All OBAMA has been doing on his $400,000 salary and specials perks this last year in office is blame and politics for another four years of nothing.
We have nothing coming from the Senate the body that votes on all measures for six years. The House can pass but the senate must approve. It does not even read under Herr Reed. The Senate is democratic.
Republicans and Democrats in the Congress are worth over $837,000 USD. We can blame both parties sure and the taxes from the rich that make up 1% can be increased as well as the taxes from the other 40% of Americans that pay. All this will not dent this mans spending programs and $15 Trillion deficit today. So how is $1.5 Trillion or even $4 Trillion that does not even happen until after 2013 even help? Does not solve a thing.
However, one person we can blame for certain, because he is the president now that does nothing but blame for his John Maynard Kayne's economics, is OBAMA. He has done not one thing to create jobs. His blame game is to make America another EU socialist country. He has the press the other new American Rich on his side. He will kill Americans and lie for this with the backing of MSNBC.
This one man, must not be re-elected or American is a dead zone like the rest of the world. Americans and Democrats and Liberals and Republicans need a leader that follows the constitution.
Four more years of this president and the nation belongs to the socialist news and politicians. Like every great Empire America will fall.
The Future is China and Russia laying low with its Oil after a terrible killing of Christians by Iran and a huge War followed by the death of Democracy. So Marx was correct on some things!!
Amen.
I would like to ask the Republicans who will not raise taxes on the 1%, apparently ever why they answer to Norquist? Who does Norquist work for? Why do they let him tell them what to do?
I would like to ask MSNBC, CNN, CBS, ABC why do you not ask Norquist when he is on your programs, as he frequently is, who he works for?
I keep hearing him on TV spouting how the Repubs will stay in line and not raise taxes on the 1%. I never hear the network interviewer, like let's say one from MSNBC ask who Norquist is paid by. Why is no one looking out for the majority out here? Why are you setting up a Lobbyist as the expert on what should happen to the country? Has your network sold out to the right wing also?
This is not a shock at all America. "Mickey Mouse Mitch McConnell" made it very clear! The true goal of the GOP/RNC is not jobs. Not even close! It is to destroy an American President at all economic costs. Poltically "Mickey Mouse Mitch McConnell" made it very clear. To cause political confusion, economic destruction, and fuel social unrest. The "Hoodlum's On The Hill" lead by the "Bonehead Boehner Bunch" has been marching to the orders given by "Goofy Grover," and "Mickey Mouse Mitch McConnell." It was an economic shame to have another GOP Elephant politically crush everything. Again! The goal of the GOP/RNC is economically simple. To destroy the Middle Class, Labor Unions, the elderly, and the disabled. It is already on the record poltically. The GOP Clowns in the House have voted to destroy Social Security. Then the "Hoodlum's On The Hill" gave huge tax payer oil subsidies to big oil! The Koch Brothers are behind all of this "Crazy Conservative Crap." Hey! Hey! Ho! Ho! The Party of NO has got to go!!"
The U.S. has big problems because the Dems won't negotiate in good faith with Republicans and help the country reduce DEBT, unless it's by the only means they understand .....RAISING TAXES.
They are called "The Tax and Spend Liberals of OZ".
One day , while on the yellow brick road........ "Dorothy" Pelosi, "Tin Man" Obama, "Lion" Reid & "Scarecrow" Biden put their heads together and said ..........."Let's call the Republicans 'the Party of NO' "
Sorry Seniors, we're going to need your SS to protect you from Iran.
Being hungery, cold and homeless is the "shared sacrifice" you'll have to make to stay safe.
Signed
The Republi-cons
Democrats = Union cronies & welfare recipients
Republicans = tax payers
We have a Heartburn with the Comments about the Subcommittee, the President Gave them a Task to do, they had Plenty time to do they job. They act like kids so he treated them like KIDS, he put them in a Group to see if they could work together, undoubtly they couldn't that's good for the American People, they Fail. We're Tired of the MEDIA saying the Presdient didn't show Leadership and sit in on the Meeting, the MEDIA is so busy Pandering to the Right Wing, they try to Blame the President, the President have been showing leadership from day one, a lot of the MEDIA and other wouldn't have jobs if the President haven't been showing leadership, all these people that Bashing the President have very short Memory where we was in 2008.
They want the Presdient to sit in on the Meeting so they could say he fail, what President Obama did he layed his Plan out and gave it to Congress just as he was suppose to, It's not President Obama Job to do CONGRESS WORK. President Obama did what he was suppose to do and he hit the Road by taking the Bill to the people, we don't understand how they Blame the Presdient, when he travel around the world for 9 Days fighting for Jobs for the America People without getting any Rest, yet all the People do is just Bit.., President Obama is the Best Leader and is showing Leadership.
President Obama is making Congress do they Job, and they get angry, back in 2008, when this Country was going down, Former President BUSH need the Republican help, they didn't know how to Help, BUSH even said they don't know how to do anything but stand around. For years Congress have been standing around Collect Free Checks and Free Insurance. The Problem is President Obama haven't failed this country, it's the Republicans and some of the people that have Failed the President and this Country, we have a President who fight for the People and this Country. The MEDIA is to Cowardly and Gutless to call the Republicans out, we hear CNN and some of the early show of MSNBC Pandering to the Right Wing. FINAL HOW CAN THE PEOPLE BLAME THE PRESIDENT FOR CONGRESS NOT DOING THEY JOB, THESE REPUBLCIAN ARE DESTROYING THIS COUNTRY AND CARE LESS ABOUT THE PEOPLE OF THIS COUNTRY, TO CHRIS WHEN HE SAY THE PRESIDENT WON'T WORK WITH THE REPUBLICANS, WHAT IS HE SUPPOSE TO DO BEND OVER, THEY ARE SO BUSY TRYING TO MAKE HIM A ONE TERM PRESIDENT THAT WON'T HAPPEN, BECAUSE GOD HAS THE PRESDIENT BACK, NO matter all they dirty tricks they try and all they hatred for the President, he have been working while congress have been playing around, drawing up Amendments that won't go any where, probably cost millions of dollars to introduce them. What President Obama did he just Exposed Congress and showed how Dysfunctional they are.