Obama Hosts APEC, Committee Deadline Near

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Twenty-one of the world's leaders are discussing ways to revive the global economy at the Asia-Pacific Economic Cooperation Summit being held in Hawaii this week.

They say free trade is vital to the recovery.

President Obama is expected to push a plan to create a new free trade bloc in the Pacific region.

Canada, Mexico, and Japan are among the countries supporting the move. China has not agreed with the president's plan just yet.

While in the Aloha State, Obama will also campaign and raise money for his presidential reelection bid.

He says the current Congress is not cooperating with him, so he may need a new one to pass his $447 billion spending bill.

On Sunday, Obama accused lawmakers on the congressional super committee of refusing to budge off their rigid positions and find a solution to the country's deficit problems.

The committee appears deadlocked as the Nov. 23 deadline approaches to find more than $1 trillion in deficit cuts across governmental programs, including the Pentagon.

"It feels as if people continue to try to stick with their rigid positions rather than solve the problem," Obama said of the 12 members of the bipartisan deficit committee.

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