The deadline for the 12-member Congressional super committee to come up with $1.5 trillion in cuts and taxes to reduce the federal deficit is expected to result that they in announcement that, guess what? They didn't come up with a compromise.
Which really is sort of lame. And oh so typical. And it's why Congress has an approval rating of 9 percent, leading West Virginia conservative Democratic Senator Joe Manchin to say to CBS' Bob Schieffer Sunday that he's still trying to find that 9 percent."I'm ashamed," he said of another national political failure. "I have to apologize for what we're doing."
Manchin was one of a host of members of Congress to take to the broadcast and cable airwaves on Sunday to bemoan what happens if in fact a deal isn't arrived at this week - which in the unlikely event that it was, means Congress would have to a month to vote on it.
Theoretically $1.2 trillion in spending cuts will automatically occur otherwise, including $500 billion from defense, which has Defense Secretary Leon Panetta and some Republicans freaking out - but one analyst says that will never happen.
