WASHINGTON (AP) - The No. 2 Republican in the House says he's still confident that a bipartisan deficit "supercommittee" will be able to reach agreement even though there's little more than a week to go before its deadline.
Majority Leader Eric Cantor said he knows the panel is under great pressure but he believes its members can succeed by Nov. 23.
The panel is charged with coming up with at least $1.2 trillion worth of deficit cuts over the coming decade but has been deadlocked over taxes and cuts to benefit programs. Failure would trigger automatic spending cuts to the Pentagon budget and a wide range of domestic programs.
The Virginia Republican declined to otherwise comment on the committee's work, including last week's GOP proposal for revenue hikes.
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