Live Breaking News & Updates on Big Dee Deficit Plan

this pros he united in our belief the nation s fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. that statement, issued in congress. the super committee must not end. the president said if congress tries to get around the automatic cuts, called for in the law that created the super committee, he will veto it. my message to them is simple. no. i will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. there will be no easy off ramps on this one. we need to keep the pressure up to compromise. not turn off the pressure. the super committee s failure has important consequences. stocks fell sharply as investors added washington s gridlock over america s debt to an already long list of worries about economic growth at home and europe s financial crisis. plus, there are worries of a possible additional downgrade for the u.s. and the legislation that created that super committee calls for ....

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