BREAKING NEWS: Super Committee fails to reach a deal to cut $1.2 trillion from the nation's deficit. Sen. John Kerry, D-Massachusetts, a member of the super committee talks to CNN's Erin Burnett about the frustrations that led to the committee's failure.
Wisconsin Gov. Scott Walker talks to CNN's Erin Burnett about facing a recall battle after he cut state spending and reformed collective bargaining.
The Dow closed nearly 250 points down Monday amid news of the Super Committee's failure to reach a deficit deal. CNN's Erin Burnett joined Wolf Blitzer to break down the impact of today's news on Wall Street.