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Congressional 'supercommittee' hits wall, braces for failure
By: Bill O'ReillyNovember 18, 2011
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STORY EXCERPT
Financial Times: Talks on cutting the US deficit hovered close to failure on Friday but low expectations meant that there was little sign of a market backlash. The deficit 'supercommittee' is expected to continue negotiating through the weekend but aides were increasingly pessimistic because of a gulf between the Republican and Democratic positions on tax revenues.
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