Deficit-Cutting Supercommittee: 'We're Not There Yet'

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The 12-member supercommittee charged with finding at least $1.2 trillion in budget cuts next month met publicly for the first time in six weeks Wednesday — and agreed on little more than the fact that time is indeed growing short for them to approve a deal. Co-chairman Patty Murray, D-Wash., said a lot of hard work has been done to find common ground and agree on a balanced, bipartisan plan for deficit reduction. But, she added, "We're not there yet."
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