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republicans on the committee have announced this they can t reach a deal. to cut at least $1.2 trillion from the budget. for legislative reasons they had to announce a deal by today. but there s no deal after negotiating for 2 1/2 months, and they don t even have the guts to explain why on camera and take questions from reporters. after the markets closed, democratic senator patty murray and republican congressman jeff hensarling released this statement. after months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee s deadline. despite our inability to bridge the committee s significant differences, we end this process united in our belief that the nation s fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. we remain hopeful that congress can build on this committee s work and can find a way to ....