Page 3 - Super Committee Implodeed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[ applause ] >> reporter: he wasn't campaigning for deficit deal. the word "super committee" never crossed his lips. instead he pushed congress to vote for key part of his jobs bill. payroll tax cut extension. on a day the gross domestic product was revised downward. the government saying the economy grew at a rate of 2% from july to september. sharply lower than the initial estimate of 2.5. >> in the spirit of thanksgiving, we are going to give them another chance. next week, they are going to get to take a simple vote. if they vote no again, the typical family taxes will go up $1,000 next ye...

January 2013. defense secretary leon panetta also criticized congress but reiterated his concern about the military. "if congress fails to act over the next year, the department of defense will pay devastating, automatic across teffs board cut that will tear a seam in the nation defense." the top republican on the senate armed services committee is worried, too. >> military chiefs, said the cuts would be totally devastating. we live in a dangerous world. the president again disregarded the strong recommendations and warnings of the secretary of defense and the leaders of the military. >> the p...

Will fund his plan. >> paid for by asking our wealthiest citizens to pay for fair share. >> even though he was embracing the rhetoric of occupy wall street, the president's pitch was interrupted by occupy protesters. [ yelling ] >> all right. okay, guys. [ yelling ] i appreciate you guys making your point. let me go ahead and make mine. all right? >> a few minutes after the protests, one of the president's points was that he sympathizes with the occupy wall street movement. >> so a lot of the folks who have been down in new york and all across the country, in the occupy movement, there is a pr...

Failed to deal with the tax reform so the bush tax cuts expire at the end of 2012 now hang in the balance. white house officials insist the president will only extend tax cuts for the middle class. not for the rich. but said the same thing last december. ended up extending all of them. shannon? >> shannon: ed henry, live at the white house. thank you, ed. washington is busy doing postmortem on the burned out carcass of the super committee. tonight, chief congressional correspondent mike emanuel looks at ramifications in one crucial area. national defense. >> after the super committee failed th...