Still No Agreement On Deficit Deal

With just over a week left, there is still no deficit deal in sight for the Congressional supercommittee. Lawmakers admit they are far from agreeing on $1.2 trillion dollars in deficit savings over the next decade. The panel is divided along partisan lines. President Obama says he urged Republican leadership to be more flexible, but negotiations did not go well. The committee is stuck on finding a mutually agreeable blend of tax increases and government cuts.