Lawmakers have spent much of this year struggling to reach a deal that could get budget deficits under control. But the problem has been developing for at least a decade. In 2000, there was a $200 billion surplus.
Pressure is mounting against Alabama's "toughest in the nation" immigration law. Nearly 3,000 immigrants converged Monday night on a church with strong ties to the civil rights movement. They heard from democratic members of Congress who vowed to get the law repealed.
The supercommittee's failure to reach a budget deal had been predicted for days, even weeks. And now leaders in Washington cannot agree on who is to blame, or what should happen next. President Obama said he would veto any effort to get rid of the automatic spending cuts to domestic and defense spending.
Former Massachusetts Gov. Mitt Romney has promised to take a hard line against China on trade issues. He's not alone. In 2008, then-candidate Barack Obama made a similar threat. But, experts say, there's a big gap between confrontational campaign rhetoric and action.
President Obama Monday put the blame for the supercommittee's failure squarely on congressional Republicans — and their unwillingness to consider higher taxes on the wealthy. Obama also threatened to veto any effort to escape from the automatic spending cuts agreed to in August without a balanced plan to reduce the deficit. Robert Siegel talks to NPR's Scott Horsley for more.
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