According to preliminary polls, the average American may not be as worried about the failure of the super committee to reach a deal as some would think.
A month after the U.S. passed a free trade deal with South Korea, that country's government has accepted the proposal — although not without a few bumps along the way.
The super committee deadline is approaching, and it looks like no deal will be reached. We speak to super committee member Congressman Xavier Becerra about how things got so bad.
Fortune magazine's Allan Sloan says there's a reason why the super committee has yet to make a decision on the deficit-cutting deal: There aren't, and never were, any ramifications for failure.
NPD Group analyst Marshall Cohen says if debt deal isn't reached, consumers could pull back because of "distractions." But consumers will shop early — and online.
