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Pentagon made no plan for automatic cuts

Pentagon made no plan for automatic cuts

WASHINGTON, Nov. 23 (UPI) -- U.S. Defense Department officials didn't make any contingency plans in case the threat of $500 billion in automatic cuts came to pass, analysts said.
Obama presses payroll tax holiday

Obama presses payroll tax holiday

MANCHESTER, N.H., Nov. 22 (UPI) -- President Obama Tuesday called on Congress to extend the Social Security payroll tax cut following the supercommittee's failure to whack the U.S. deficit.
No debt deal. Now what?

No debt deal. Now what?

WASHINGTON, Nov. 22 (UPI) -- The administration upped pressure on Congress, unveiling a calculator to show U.S. taxpayers how much money is at stake following the supercommittee's failure.
U.S. markets dive Monday

U.S. markets dive Monday

NEW YORK, Nov. 21 (UPI) -- U.S. markets kicked off the Thanksgiving holiday week with big losses as a panel in Washington failed to come up with a deficit reduction compromise.
Obama says he will veto efforts to undo cuts

Obama says he will veto efforts to undo cuts

WASHINGTON, Nov. 21 (UPI) -- The congressional supercommittee Monday admitted it failed to find a compromise to trim the U.S. budget deficit $1.2 trillion in the next decade.
Gingrich says give janitors' jobs to kids

Gingrich says give janitors' jobs to kids

WASHINGTON, Nov. 21 (UPI) -- GOP U.S. presidential hopeful Newt Gingrich, in a double-barreled blast at unions and child labor laws, said Monday school janitors' jobs should go to kids.
Where is compromise?

Where is compromise?

ZURICH, Switzerland, Nov. 21 (UPI) -- Barring a miracle, the 12-member super committee of the United States Congress seems unlikely to agree a compromise deal this week to reduce the budget deficit.
MARTIN WALKER, UPI Editor Emeritus

Kerry: Leave Obama out of supercommittee

WASHINGTON, Nov. 20 (UPI) -- A ranking Democrat on the congressional supercommittee said there was no need to blame U.S. President Barack Obama for its lack of progress.

Supercommittee member not optimistic

WASHINGTON, Nov. 20 (UPI) -- The Democratic leader on the congressional supercommittee said Sunday the outlook for a bipartisan plan to slash the U.S. debt was gloomy.

Zandi: No deal for supercommittee

WASHINGTON, Nov. 20 (UPI) -- Economist Mark Zandi said Sunday he thinks the congressional supercommittee won't be able to reach a deal to cut the U.S. deficit as this week's deadline looms.
Will the deficit-reduction supercommittee come up with a plan or a plan to put off the plan?

Will the deficit-reduction supercommittee come up with a plan or a plan to put off the plan?

The big question looming over Washington this week is whether the supercommittee will be able to fulfill its mandate to come up with $1.2 trillion in cuts to the budget deficit or whether draconian measures adopted this summer will kick in.
MARCELLA S. KREITER, United Press International

Supercommittee failure likely

WASHINGTON, Nov. 19 (UPI) -- The U.S. congressional supercommittee's likely failure to agree on deficit reduction is likely to set up another fiscal wrangle in Congress, lawmakers say.

GOP 'scaled back' cuts for Dems

WASHINGTON, Nov. 19 (UPI) -- A Republican U.S. senator said Saturday GOP members on the deficit-reduction supercommittee are making huge compromises to reach a deal, but Democrats are not.
Baucus: We need people 'willing to move'

Baucus: We need people 'willing to move'

WASHINGTON, Nov. 18 (UPI) -- Sen. Max Baucus, D-Mont., says the deficit reduction "supercommittee" is unable to come up with a bipartisan plan.
Let the political ad battle begin...

Let the political ad battle begin...

WASHINGTON, Nov. 17 (UPI) -- Ad wars among outside interest groups have begun in several U.S. congressional races -- about a year before Election Day.
Defense cuts could 'devastate' military

Defense cuts could 'devastate' military

WASHINGTON, Nov. 15 (UPI) -- U.S. Defense Secretary Leon Panetta says looming budget cuts would be devastating to the Defense Department and pose a risk to national security.
Deadline nears for debt reduction panel

Deadline nears for debt reduction panel

WASHINGTON, Nov. 15 (UPI) -- As a Thanksgiving deadline nears, members of the panel tasked with finding $1.5 trillion in U.S. budget savings are struggling toward a compromise, aides said.
Report: Obama chooses absence

Report: Obama chooses absence

WASHINGTON, Nov. 12 (UPI) -- U.S. President Barack Obama has invoked a British royalty tradition of leaving the seat of power while politicians wrangle, the Los Angeles Times said.
Occupy Portland gets deadline to leave

Occupy Portland gets deadline to leave

PORTLAND, Ore., Nov. 10 (UPI) -- The mayor of Portland, Ore., Thursday announced an Occupy camp downtown would be closed this weekend due to deteriorating discipline among the demonstrators.

GOP offers tax code revisions

WASHINGTON, Nov. 8 (UPI) -- Congressional Republicans Tuesday moved off their no new taxes stance and offered a tax code rewrite they said would raise about $300 billion in 10 years.
Schumer: Supercommittee won't hit deadline

Schumer: Supercommittee won't hit deadline

WASHINGTON, Nov. 7 (UPI) -- Sen. Charles Schumer, D-N.Y., predicted Monday the supercommittee won't reach a deal to reduce the federal deficit, and the fault will lie with Republicans.

U.S. lobbyists rally against tax changes

WASHINGTON, Nov. 6 (UPI) -- Some of the dozens of U.S. lobbyists hovering over the so-called supercommittee budget talks say care must be taken to not upset the economy.
McConnell now says he favors big deal

McConnell now says he favors big deal

WASHINGTON, Nov. 4 (UPI) -- Minority Leader Mitch McConnell, in a 180-degree turn, now says he favors a big deficit-reduction deal, Senate GOP aides said.
McConnell: No extension for supercommittee

McConnell: No extension for supercommittee

WASHINGTON, Nov. 3 (UPI) -- Senate Minority Leader Mitch McConnell, R-Ky., said Thursday there will be no deadline extension for the panel tasked with finding $1.2 trillion in budget cuts.
Most doubt supercommittee will reach deal

Most doubt supercommittee will reach deal

HAMDEN, Conn., Nov. 3 (UPI) -- A majority of U.S. voters said they doubt the supercommittee will come up with a debt reduction plan, a Quinnipiac University poll released Wednesday indicated.
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