- Fla. man charged with killing 16-month-old son to play Xbox undisturbed
- Drones from the deep: Pentagon develops ocean-floor attack robots
- Michigan mayor slaps back atheists’ try to erect ‘reason station’ at city hall
- PHILLIPS: Where is the conservative establishment?
- 7.5-magnitude earthquake shakes southern Mexico
- ISTOOK: IRS “wants to throw us in jail,” says tea party leader
- Easter woes: Chocolate costs soar, becoming ‘unaffordable’ luxury
- Michaels craft chain confirms hackers hit 3M customers
- Special Forces’ suicide rates hit record levels — casualties of ‘hard combat’
- Many Americans would quickly face financial hardship after losing job, poll shows
A key Republican leader said Sunday that a congressional “supercommittee” will reach agreement on $1.5 trillion in cuts in government spending by next month’s deadline, thus averting harsh automatic measures.
“I think folks in this town on both sides of the aisle know that we can’t fail. There has to be success and an outcome here,” said Rep. Eric Cantor, the majority leader in the House of Representatives.
The bipartisan committee was set up in August to make $1.5 trillion in cuts of government spending as part of a deficit-reduction deal to reduce spending by at least $2.1 trillion over the next 10 years.
The committee has until Nov. 23 to come up with a deal; failure to reach agreement would automatically trigger $1.2 trillion in cuts evenly distributed between military and nonmilitary spending.
The Pentagon and its supporters in Congress have warned that automatic cuts would damage U.S. security interests.
Axelrod: GOP doesn’t get Wall Street protests
A senior political adviser to President Obama is charging that the Republicans seeking the presidency don’t understand the American public’s pent-up anger about corporate excesses.
David Axelrod said on ABC’s “This Week” that the American people “want a financial system that works on the level. They want to get a fair shake.”
He appeared Sunday, one day after scores of demonstrators protesting corporate business practices were arrested in New York’s Times Square in a confrontation with police.
Mr. Axelrod faulted Republicans who have been pushing in Congress to soften or repeal the landmark legislation Mr. Obama pushed through last year, tightening regulation of business practices.
Mr. Axelrod said he doesn’t believe “any American is impressed” when hearing GOP presidential candidates who want to “roll back Wall Street reform.”
Huntsman stays defiant despite long primary odds
GREENLAND — Jon Huntsman Jr. is defiant, even as his presidential campaign limps along.
TWT Video Picks
- Harry Reid blasts Bundy ranch supporters as 'domestic terrorists'
- Immigration still on hold: Boehner's office
- Inside China: Marine's comment on islands draws sharp Chinese response
- Supreme Court weighs appeal to concealed-carry gun laws
- PRUDEN: When a bored president just 'mails it in'
- Army goes to war with National Guard, seizes Apache attack helicopters
- BRUCE: Obama deliberately emboldening America's enemies
- Jews being told to register in Ukraine: John Kerry
- Nancy Pelosi washes immigrants' feet in humble Holy Week act then promotes on Twitter
- U.S. Navy to turn seawater into jet fuel
Top 10 handguns in the U.S.