Two points...
1. Watch the markets tomorrow.
2. Watch how long it take Obama to cut the military budget after this.
Supercommittee fails to reach a deal
It’s all over.
After a frantic day of last-ditch negotiations, the 12-member supercommittee folded late Monday, failing to cut $1.2 trillion from federal spending and setting into motion harsh across-the-board cuts. Super Committee Folds
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