‘Super Committee’ Fails, Triggering Across-the-Board Budget Cuts in 2013

The “super committee” charged with cutting $1.2 trillion from the U.S. budget over the next 10 years announced Monday that it would not be able to reach an agreement by its Nov. 23 deadline.

Super Committee Gets to Work Today

The Joint Select Committee on Deficit Reduction, also known as the super committee, is holding its first meeting as it looks to cut the federal deficit by $1.5 trillion.

Little Movement on Deficit Deal, Yet

This federal legislative update covers the deficit wrangling in Washington, DC as officials scramble to reach an agreement ahead of the August 2 deadline.