4:20pm

Mon November 21, 2011
Economy

Obama Blames Republicans For Debt Panel's Failure

Originally published on Mon November 21, 2011 7:27 pm

President Obama Monday put the blame for the supercommittee's failure squarely on congressional Republicans — and their unwillingness to consider higher taxes on the wealthy. Obama also threatened to veto any effort to escape from the automatic spending cuts agreed to in August without a balanced plan to reduce the deficit. Robert Siegel talks to NPR's Scott Horsley for more.