GOP Rejects Dems Offer In 'Super Committee,' Negotiations 'Deadlocked' Over Taxes

Source: Kate Bolduan and Deirdre Walsh and Ted Barrett / CNN Washington – Democrats on the so-called "super committee" proposed during a closed meeting Tuesday a $3 trillion plan designed to slash the federal deficit but Republicans swiftly and decisively rejected it because it relied heavily on tax increases, according to several congressional sources from [...]