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Grand deficit-cutting effort ends with whimper

Publié par Clifford Armion le 21/11/2011

Thomas Ferraro and Andy Sullivan

WASHINGTON (Reuters) - Washington's most ambitious effort in years to come to grips with its mounting debt is set to end with a whimper on Monday as negotiators plan to announce they have failed to reach a deal. The Republican and Democratic leaders of a 12-member congressional "super committee" are set to declare defeat in a joint statement to be released after three months of talks failed to bridge deep divides over taxes and spending. After a year of bruising budget battles, it is another sign that U.S. lawmakers are too entrenched to compromise on the tax increases and benefit cuts that budget experts say are needed to set the country's finances on a stable path. Read on...
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"Grand deficit-cutting effort ends with whimper", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), novembre 2011. Consulté le 28/11/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/grand-deficit-cutting-effort-ends-with-whimper