Obama administration quietly bracing for debt supercommittee failure

White House officials are quietly bracing for “supercommittee” failure, with advisers privately saying they are pessimistic that the 12-member Congressional panel will find a way to cut $1.2 trillion from the deficit as required. In public, however, the official administration stance is that failure is not an option. ... Full Story »

Posted by Fabrice Florin - via Google News (Obama Administration)
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Posted by: Posted by Fabrice Florin - Nov 16, 2011 - 1:32 AM PST
Content Type: Article
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