Deficit 'Supercommittee': Super-Failure Blame Game

Jake Tapper reports on the fallout from the failure to make a deficit deal.
2:23 | 11/22/11

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Transcript for Deficit 'Supercommittee': Super-Failure Blame Game
Let's turn now to the congressional super committee is the super failure to reach a deal on how to handle America's exploding deficit. ABC's Jack Jake Tapper has more now joins us from the White House -- -- Good morning Robin -- President Obama thought that by avoiding being directly involved in the super committees. Negotiations he would avoid being blamed for any super fail. Well. He was wrong. The midnight deadline passed not only without a compromise. Without even I'll ask him if -- want. Bipartisan unity opting instead to issue a terse statement before packing it in before -- time. There are still too many Republicans in congress. Who have refused to listen to the voices of reason and compromise while the president lay blame squarely -- the -- of Republicans who refuse to raise taxes on upper income wage earners Republicans in congress pointed fingers that. -- the biggest summit follows the fact that President Obama was -- with all due respect I like where's Waldo. The -- the United States -- been missing he's been able missing in action. What may be lost in the Washington back and forth. Very real consequence. One point two trillion dollars in deficit reduction set to automatically Begin in 2013. Draconian cuts to the Pentagon budget. And to programs affecting average Americans like Medicare markets are coming apart peoples have lost their jobs they can't find work. And in three and a half weeks they couldn't even bothered to sit down together. The president will push congress to extend the payroll tax for middle class Americans when he arrives in New Hampshire later today. Where Mitt Romney will greet him with his first TV ad of the campaign. Showing candidate Obama in 2008. Promising New Hampshire voters he'll turn the economy around. Criticism -- side. Just be my. My religious faith -- -- hopes and remove the hurdle and I continue to believe that at some point. Common sense will prevail and will be able to to what worked -- about. The White House says President Obama will continue to push congress to pass one point two. Trillion dollars in deficit reduction including tax increases. On wealthier Americans and corporations. To avoid those onerous cuts that take effect in 2013. George -- thanks very much.

This transcript has been automatically generated and may not be 100% accurate.

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