Latest update: 24/11/2011 

- Barack Obama - debt - Democrats (USA) - markets - Republicans (USA) - US economy - US markets - USA - world economy


Still no deal to tackle US deficit

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After three months of wrangling, the US congressional "super committee" charged with finding $1.2 trillion worth of spending cuts announced that they have failed to reach a deal. While Democrats and Republicans point the finger of blame at each other, others worry about the consequences for the debt-laden US economy.

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