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Debt Ceiling Deal: Congressional Super Committee Offers Hope For Washington

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WASHINGTON, DC - AUGUST 02: A bicyclist rides through the plaza on the east side of the U.S. Capitol August 2, 2011 in Washington, DC. (Photo by Chip Somodevilla/Getty Images) | Getty

Already, the smart money in Washington is betting that the congressional super committee created by this week’s debt-ceiling deal to develop a plan for taming the long-term federal deficit will stalemate along party lines and fail.

Read the whole story at National Journal

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