USA - legislators fail to reach deficit deal - 1.2 trillion dollars from the country's budget deficit

Published on Nov 22, 2011 by Euronews

http://www.euronews.net/ A US Congress 'super-committee' has failed to agree on how to cut 1.2 trillion dollars from the country's budget deficit over the next decade

The debt-reduction panel made up six Republicans and six Democrats has abandoned its efforts to break a year-long partisan deadlock over taxes and spending.

Their failure to reach a deal means that automatic spending cuts will be triggered across a wide range of areas, including the military.