Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Supercommittee says it failed to reach agreement

Supercommittee says it failed to reach agreement (by Steve Goldstein)

WASHINGTON (MarketWatch) -- The co-chairs of the Joint Select Committee on Deficit Reduction on Monday admitted defeat in their quest to shave $1.2 trillion over 10 years from the deficit. "After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee's deadline," said Sen. Patty Murray, a Washington Democrat, and Rep. Jeb Hensarling, a Texas Republican, in a statement. "Despite our inability to bridge the committee's significant differences, we end this process united in our belief that the nation's fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. We remain hopeful that Congress can build on this committee's work and can find a way to tackle this issue in a way that works for the American people and our economy."

Messages In This Thread

Supercommittee says it failed to reach agreement
Fitch to review U.S. sovereign rating by month-end