Supercommittee Fails to Reach Deal Print E-mail
news_for_webBy law, $1 trillion in automatic spending cuts begin in 2013.

The supercommittee tasked with solving our nation's debt problem failed to reach an agreement in $1.2 trillion in spending cuts over ten years. With the failure, $1 trillion will automatically be cut from military spending and domestic government programs beginning in 2013.

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