Mayor Michael Bloomberg on Monday had some harsh words for President Barack Obama and the members of the bipartisan congressional supercommittee who were unable to trim $1.2 trillion from the nation’s deficit.

Bloomberg called their failure to come to an agreement a “damning indictment of Washington’s inability to govern this county.”

“The supercommittee hasn’t even met as a full committee over the past three and a half weeks. Here it is, the market is coming apart, people have lost their jobs, they cant find work and in the and a half weeks they couldn’t even bother to sit down together, what kind of government is that. People say who do you blame? The blame is both sides of the aisle and both ends of Pennsylvania Avenue,” Bloomberg said. “The other end of Pennsylvania Avenue, it’s the chief executive’s job to bring people together and to provide leadership in difficult situations. I don’t see that happening.”

The mayor’s comments came shortly before President Barack Obama blamed Republicans for being the main stumbling block to the 12-member congressional panel reaching an agreement on the country’s deficit.

Speaking at the White House, Obama said Republicans refused to budge in negotiations and insisted on protecting tax cuts for the wealthy.

“They continue to insist on protecting $100 billion worth of tax cuts for the wealthiest 2 percent of Americans at any cost, even if it means reducing the deficit with deep cuts to things like education and medical research,” said the president.

Any deficit agreement would have had to be reviewed by the budget office, so that means a vote could not be held on Wednesday.

With no vote, there will be automatic spending cuts to military and domestic programs starting in 2013 and continuing over the next decade.

The president said he will veto an attempt to undo those cuts.

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