WASHINGTON — The federal watchdog agency overseeing the nation's retirement pension system says it's running a $62 billion deficit — almost double last year's shortfall — mostly due to the poor financial condition of a few large multi-employer pension plans.

By Tom Raum, Associated Press

In a 56-42 vote in the Senate, the GOP fell four votes shy of limiting debate on a bill containing a "trifecta" of parts, including a minimum wage increase and an estate tax cut, preventing a floor vote before the…