{"id":26123,"date":"2011-11-21T03:14:09","date_gmt":"2011-11-21T08:14:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26123"},"modified":"2011-11-21T03:14:09","modified_gmt":"2011-11-21T08:14:09","slug":"bipartisan-committee-expected-to-announce-on-monday-that-efforts-to-forge-a-1-2-trillion-deficit-reduction-plan-have-failed","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/bipartisan-committee-expected-to-announce-on-monday-that-efforts-to-forge-a-1-2-trillion-deficit-reduction-plan-have-failed.html","title":{"rendered":"Bipartisan committee expected to announce on Monday that efforts to forge a $1.2 trillion deficit reduction plan have failed"},"content":{"rendered":"<p>Guardian &#8211; The bipartisan committee tasked with reducing America&#8217;s $15tn (\u00a39.5tn) budget deficit looks close to admitting defeat as its deadline looms.\u00a0The committee, created in August, has until Wednesday to report a plan to cut $1.2tn from the nation&#8217;s deficit. Failure to do so will trigger automatic cuts to\u00a0defense\u00a0and social welfare programmes starting in 2013.<\/p>\n<p>A war of words erupted on Sunday as both sides admitted that barring\u00a0last minute surprise there would be no deal. A formal announcement of\u00a0failure is expected Monday.<\/p>\n<p><a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/nov\/20\/us-deficit-super-committee-deadlocked?CMP=EMCNEWEML1355\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; The bipartisan committee tasked with reducing America&#8217;s $15tn (\u00a39.5tn) budget deficit looks close to admitting defeat as its deadline looms.\u00a0The committee, created in August, has until Wednesday to report a plan to cut $1.2tn from the nation&#8217;s deficit. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26123","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26123"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26123\/revisions"}],"predecessor-version":[{"id":26125,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26123\/revisions\/26125"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}