“We must immediately cut spending — for real, not the Obama way — and dismantle the barriers to growth," Cain said.

Cain joins a chorus of Republican presidential candidates pointing the finger at Obama as the supercommittee seems primed to concede defeat.

Mitt Romney, speaking in New Hampshire, said the "most disappointing" part of the process was the president's leadership.

"What's most disappointing about that is that our president has had no involvement with the process," Romney said. "I find it extraordinary that there would be set up a committee with such an important mission as finding a way to provide fiscal sanity in America and with the penalty if that fiscal sanity is not found of a $600 billion cut to our military."

Newt Gingrich, who has surpassed Cain in recent national polls, said the collapse was "good for America."

"It's not that Washington is inherently gridlocked,” Gingrich said at a campaign stop in New Hampshire, according to MSNBC. “It is that the current players are behaving in the current way are inherently gridlocked. It's partially the president's fault, partially Congress's fault, but it's a mess.”

"They were trying to break out of the mess by being, in my judgment, even dumber — that is, creating a committee of 12 picked by the political leadership to magically get in a room to come up with something that 535 couldn't solve. It's profoundly the wrong direction."

Ron Paul mocked the group for "failing to meet its modest goals" and producing "hand-wringing and hysteria on Capitol Hill."

"The Super Committee has an opportunity to take a small baby step in the right direction. Instead, they no doubt will take this opportunity to raise taxes and make everything worse," the Texas congressman said.