The so-called “super committee” is officially a super failure.
The 12-member Joint Select Committee on Deficit Reduction, tasked with finding $1.2 trillion in deficit reductions over the next decade from the federal budget, announced Monday that had failed to reach a bipartisan agreement by its Nov. 23 deadline.
In a joint statement, super committee co-chairs Rep. Jeb Hensarling and Sen. Patty Murray said they were “deeply disappointed” in their abject failure but remained hopeful that 535 self-interested politicians can accomplish what 12 could not.