That expected failure injects a greater uncertainty into the nation's political and economic landscape heading into a volatile election year....
Some critics, mostly Republicans, have faulted President Barack Obama for keeping his distance from the committee for months after submitting his own deficit plan. But the outcome could create a political opening for Mr. Obama, bolstering a presidential campaign strategy of running against an ostensibly incompetent Congress.
November 20, 2011
"The deficit-reduction supercommittee, stuck in a partisan deadlock, faces an almost certain collapse..."
"... raising the threat of disruptive military spending cuts and a resurgent public anger at Congress as it struggles with the basic tasks of governance."