Live Breaking News & Updates on Deficit Supercommittee
Stay updated with breaking news from Deficit supercommittee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Funding shortfalls, and this impacts everything from school lunch assistance to home heating health. heather: is it possible that congress can maybe come up with new spending cuts before the end of the year? is that possible? it s possible. and that s something we re kind of waiting to see. congress has a lot on its plate now starting next week because so many things expire at the end of the year. we ve got payroll tax cuts, long-term unemployment insurance, a whole lot of stuff. but it s possible that congress as a whole could try to pick up the pieces after the failure this week of the deficit supercommittee. they re going to get stopped at the supermarket and stopped at the gas station, and people are going to recognize them and put a bug in their ear about doing something, so i think they may well return to washington with the notion that they ve got to do something in december that the typical voter realizes is progress in some way. now, the republicans and the democrats have ....
As we told you at the top of the show, the bipartisan supercommittee is poised today to admit a superfailure. after being unable to reach a deal to cut $1.2 trillion from the country s books. but we re learning that getting the 12 congress members together to talk may have been harder than we thought. tell your friends the last public meeting of the deficit supercommittee was on november 1st. november 1st. that was three weeks ago. haven t even met since november 1st. more on that at the top of the hour. let s huddle up around the water cooler to watch jon huntsman drop in to visit saturday night life. seth myers on weekend update questioning huntsman s strategy to focus almost exclusively on state of new hampshire. you seem to be putting audiotape of your eggs in one basket in new hampshire. are you worried you might alien eight the rest of the country? seth, i love all of america, from dallas, texas to manchester ....
afghanistan. so to honor him, she joins the marines to finish his mission. let me get you caught up on the headlines, what you might have missed while you were sleeping. first of all, president obama came home, he s back at the white house now after wrapping up a nine-day trip that took him to hawaii, australia, and indonesia. the trip was meant to promote american business and manufacturing in the region. also on capitol hill today, live picture you are seeing. work will be going on. members of the deficit supercommittee promising to keep working to get a deal done. now one member of the so-called supercommittee is openly admitting that a compromise is unlikely. a live report just a couple of minutes away. [ crowd noise ] what you re seeing here, police firing teargas into crowds of protesters in cairo s tahrir square trying to break up demonstrations. the second straight day of protests aimed at the military government that took over for former egyptian presiden ....
As well, and it s on the corner of pico and la brea and the chicken is great, and when people walked in, people were absolutely in shock. people spontaneously started shouting four more years. he took the time to shake every single person s hand in the restaurant, and the restaurant was packed, and so it was very, very exciting. congresswoman karen bass, california, pico and la brea. roscoe s chicken and waffles, thank you for joining us. thank you for having me on. which party will control the house next year? the battle lines are being drawn, literally. we re geeking out today over redistricting. who s winning and who s losing as congressional maps get redrawn in states that could shift the balance of power in congress? and we re busting out the maps. plus, shock of all shocks! new doubts on capitol hill that the so-called supercommittee will be able to strike a deal by the looming deadline. gasp, i m stunned. but first, a look ahead at the president s schedule. ....
A series of speeches. the deficit supercommittee has less than a month to come up with at least $1.2 trillion in budget cuts. but if media reports are to be believed, there hasn t been much progress within the bipartisan group, and we may, once again, we looking at some last-minute clamoring for a deal. nbc s luke russert is on capitol hill. luke, what s the latest? reporter: well, good morning, chris. the latest news around the hill in terms of the supercommittee is that for the first time in a good while, we ll actually see them publicly today as they meet with doug elmendorf down here to discuss a variety of things about the budget in terms of defense spending and nondefense spending, but also there s a new report that came out from the cbo that said household incomes in the top 1% since 1979, their wealth grew by 279%, expect democrats to hammer that out of elmendorf to say, hey, that s why there should be revenue ....