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WASHINGTON, DC - NOVEMBER 21:  U.S.President Barack Obama makes a brief statement to the news media in the Brady Press Briefing Room at the White House after the Joint Select Committee on Deficit Reduction failed to agree on budget cuts November 21, 2011 in Washington, DC. After two months of negotiations, the bipartisian and bicameral "super committee" failed to agree on how to reduce federal budget deficits by at least $1.2 trillion over 10 years.  (Photo by Chip Somodevilla/Getty Images)
WASHINGTON, DC - NOVEMBER 21:  U.S.President Barack Obama makes a brief statement to the news media in the Brady Press Briefing Room at the White House after the Joint Select Committee on Deficit Reduction failed to agree on budget cuts November 21, 2011 in Washington, DC. After two months of negotiations, the bipartisian and bicameral "super committee" failed to agree on how to reduce federal budget deficits by at least $1.2 trillion over 10 years.  (Photo by Chip Somodevilla/Getty Images)

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Obama lays blame on Republicans

CNN's Jessica Yellin analyzes President Obama's speech regarding the super committee not reaching a deal.

Obama lays blame on Republicans

CNN's Jessica Yellin analyzes President Obama's speech regarding the super committee not reaching a deal.