WaPo has it:
“It’s the chief executive’s job to bring people together and to provide leadership. I don’t see that happening,” Bloomberg said at a news conference in Staten Island as the so-called supercommittee effectively called it quits.
Bloomberg called the supercommittee failure a “damning indictment of Washington’s inability to govern this country,” criticizing both parties for inaction.
[. . . ]
“The executive branch must do more than submit a plan to a committee — and then step aside and hope the committee members take action,” Bloomberg said in that speech. “That’s not how any CEO would run a business — and at least in modern times, it’s not how landmark pieces of legislation have gotten through Congress. Tough problems require determined, forceful and bold leadership — and real action.”