Reports coming out that the Supercommittee has failed; committee members throw their hands in the air and disband early.  Rundown of coverage:

Bloomberg: U.S. Supercommittee Ready to Announce Failure 

FT: ‘Supercommittee’ failure heralds US uncertainty

CNN: ‘Super committee’ headed for failure, aides concede

ABC: ‘Supercommittee’ Draws to a ‘Disappointing’ Close, Members Still Searching for Deal

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