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The supercommittee, that team of lawmakers tasked with cutting our deficit or else, apparently choosing the "or else" part or at least that's the latest we are monitoring right now. we are look live at our nation's capitol and at this moment new signs negotiations to slash more than $1 trillion from the budget are unraffling. a short time the white house urging the supercommittee to do its job and make the tough choices. our journalists working on the hill and reporting back at this hour that six democrats and six republicans on that committee cannot agree on what to cut. >> nobody wants to gi...

Point at current 2010 levels? or will you say, right then, we need to see significant spending cuts when the government runs out of money in early march? >> there are two opportunities we ought to take advantage of. one is the continuing resolution, and, the other is the president as you she asked us to raise the debt ceiling. both of those opportunities i think should be taken advantage of on a bipartisan basis to do something significant about spending and about debt. i don't think either one of them should be passed as we say in congress, clean, cleanly, they need to carry along with them s...

Meanwhile, the president is in south korea for a nuclear security summit. he made his first visit to korea's demilitarized zone. he met with u.s. and south korean troops. hours ago he held a join the press conference with south korea's president during which he addressed north korea's plans to launch a long-range rocket next month. >> they need to understand that bad behavior will not be rewarded. >> here with me now, the president's top senior adviser, top political adviser, david plouffe. mr. plouffe, welcome back. >> thanks for having me, david. >> i do want to start on foreign policy, in l...