November 21st, 2011
01:13 PM ET

'Super committee' headed for failure, aides concede

Members of the congressional "super committee" - the bipartisan panel tasked with finding at least $1.2 trillion in budget savings over the next decade - will likely announce Monday that they have failed, according to both Democratic and Republican aides.

"No decisions or agreement has been reached concerning any announcement or how this will end," one senior Democratic aide said. "But, yes, the likely outcome is no agreement will be reached."

Markets dropped as news spread of the panel's apparent failure. The Dow Jones Industrial Average had declined over 300 points by noon Monday.

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soundoff (79 Responses)
  1. banasy©

    They were headed towards failure from the get-go.
    Why would anyone think this was destined for success when Congress couldn't do it?
    After all, they're bi-partisan also, correct?

    November 21, 2011 at 1:17 pm | Report abuse |
  2. Susie Q

    There is an urgency to dealing with these challenges that our governments and inst-i-tutions are not addressing.
    Gandhi suggested that
    “If the people will lead, the leaders will follow.”
    Never has there been a time when leadership from below is more urgent.

    November 21, 2011 at 1:29 pm | Report abuse |
  3. Jumper06

    This is just another example of Republican stalling tactics! The GOP party has in effect hijacked the U.S. Congress and have not done a single thing to improve the American way of life for several years now! Just say No, and give them more of the same has been their strategy and approach to improving the American cause. Instead of the GOP party trying to help, they have been trying to hurt the healing process of our badly damaged economy. It is time for this type of unacceptable behavior to stop! For starters, the economic and other macro level issues the country is dealing with were initiated on the GOP watch. How much longer does the American have to be held hostage over stupidity, and mean spirited ideology? The American people deserve better! Who does Congress really work for? It is not the American people? It is time for those Bums to go!!!! Do the right thing America, vote the GOP party out in the next election!

    November 21, 2011 at 1:37 pm | Report abuse |
  4. Joey Isotta-Fraschini

    Yeah, thank you, George!!!

    November 21, 2011 at 1:42 pm | Report abuse |
  5. Spiro T.Agnew

    Like I said before, the problem here is that these lamebrains on the so-called "super-committee" are too busy collecting kickbacks from all these special interest groups to get together and balance the budget. Has anybody here noticed how cutting the needless military budget never comes up? Well I have!

    November 21, 2011 at 2:11 pm | Report abuse |
    • chrissy

      Yes Spiro, I have too. The excessive and unnecessary military spending does need to be cut bigtime but unfortunately, that won't hapeen because too many higher ups are getting too many kickbacks. This, the right-wing news media never talks about!!!

      November 21, 2011 at 7:57 pm | Report abuse |
  6. chrissy

    The super commitee should NEVER have been made up of Congress members to begin with! They cant/wont do the job on a day to day basis so to assume they would on a overtime thing was stupid thinkin plain and simple. Fire em! They are lazy & self centered!

    November 21, 2011 at 2:20 pm | Report abuse |
  7. chrissy

    AND we need to put a term limit on ALL voted officials!!

    November 21, 2011 at 2:22 pm | Report abuse |
  8. banasy©

    I've said it before: term limits.
    On the clip they showed on the news this a.m., the median age of the members were 122.

    November 21, 2011 at 2:25 pm | Report abuse |
  9. banasy©

    Omg, chrissy, our posts say the same thing!

    November 21, 2011 at 2:26 pm | Report abuse |
  10. chrissy

    Plus its not far fetched to implement a financial audit on their finances at least every 90 days, and randomly if warranted. Force them to be honest or out they go. Common people are held more accountable in the workplace than our politicians!

    November 21, 2011 at 2:27 pm | Report abuse |
  11. chrissy

    Great minds banasy! 🙂 but ive been sayin that for along time. These fools are stuck in the Eisenhaur age.

    November 21, 2011 at 2:31 pm | Report abuse |
  12. chrissy

    And sorry if i spelled his name wrong, no disrespect intended.

    November 21, 2011 at 2:33 pm | Report abuse |
  13. saywhat

    With ties to around 100 lobbies, this uper committee was a failure to begin with.
    I agree with @ banasy on the imperative of term limits.
    Its time too that we the American public focus on the intrusive all powerful domestic & foreign lobbies, their influence on our elections, elected officials & formulation of national/foreign policy.
    Undoubtedly these lobbies have been & will always be detrimental to our interests & welfare.

    November 21, 2011 at 2:35 pm | Report abuse |
  14. Joey Isotta-Fraschini

    Hi, chrissy.

    November 21, 2011 at 2:37 pm | Report abuse |
  15. banasy©

    @saywhat:
    Word.

    November 21, 2011 at 2:39 pm | Report abuse |
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