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Reaction to committee's failure to cut deficit
Reaction to bipartisan panel's failure to approve a deficit-slashing plan by its deadline
By The Associated Press

WASHINGTON (AP) ' Reaction to a special deficit-reduction supercommittee's failure to approve a plan that cuts at least $1.2 trillion in the coming decade:

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"I would have anticipated that the president of the United States would have spent every day and many nights working with members of the supercommittee to try to find a way to bridge the gap, but instead he's been out doing other things, campaigning, blaming and traveling. This is, in my view, inexcusable." ' Former Massachusetts Gov. Mitt Romney.



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"The American people are tired of their elected leaders listening to the extreme voices in their party instead of the voices of reason. I am disappointed that Republicans never found the courage to ignore Tea Party extremists and millionaire lobbyists like Grover Norquist, and listen instead to the overwhelming majority of Americans - including the vast majority of Republicans - who want a balanced approach to deficit reduction." ' Senate Majority Leader Harry Reid, D-Nev.

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"Manufacturers continue to be negatively affected by the rising debt crisis and its accompanying uncertainty and shaken consumer confidence. We are extremely disappointed that the Committee did not take advantage of the opportunity to restore confidence and stability to our economy by reforming entitlement programs and creating a tax code that promotes investment, growth and jobs." ' The National Association of Manufacturers President and CEO Jay Timmons.

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"They were trying to break out of the mess by being, in my judgment, even dumber ' that is, creating a committee of 12 picked by the political leadership to magically get in a room to come up with something that 535 couldn't solve." ' Former House Speaker Newt Gingrich.

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"Americans demanded and Democrats repeatedly supported a big, bold, and balanced plan to reduce our deficit and grow our economy. The plan could not be balanced because Republicans insisted on extending the Bush tax cuts for people making more than a million dollars a year and repealing the Medicare guarantee - while refusing to accept a jobs proposal. ' House Democratic leader Nancy Pelosi.

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"Ultimately, responsibility for this failure lays at President Obama's feet." ' Texas Gov. Rick Perry.

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"Unfortunately, this opportunity has been wasted." ' U.S. Sen. Pat Toomey, R-Pa.


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