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Economy and Politics: Fiscal Cliff #1034690

NBC Evening News for Sunday, Dec 02, 2012
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(Studio: Lester Holt) Report introduced.

(White House: Mike Viqueira) The fight and standoff between President Obama and Republicans over taxes, spending and entitlement to avert the fiscal cliff examined; details given about the president's proposals for new revenue and speeding cuts. [Treasury Secretary Tim GEITHNER, Speaker of the House John BOEHNER, Senators Bob CORKER, Claire McCASKILL - offer views on the issues and a possible deal.] The solution of going over the cliff and then cut taxes later noted.

(Studio: Lester Holt) Report introduced.

(New York: Sharon Epperson) The cost to American families of going over the fiscal cliff examined; tax and benefits statistics cited. [Middle income taxpayer Kate HUGHES‡- worries about expenses.]

Reporter(s):
Holt, Lester;
Viqueira, Mike;
Epperson, Sharon
Duration:
00:04:20

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