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Economy and Politics: Fiscal Cliff / A Discussion #1035901

CNN Evening News for Thursday, Dec 27, 2012
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(Studio: Randi Kaye) Breaking news that President Obama will meet with Congressional leaders to prevent the country from going over the fiscal cliff noted; details given about this legislative Doomsday machine created by politicians in Washington, concessions from both sides and the position of conservative Republicans. [Representatives Steny HOYER, David DRIER, Tom REED, Speaker of the House John BOEHNER, White House press secretary Jay CARNEY†- talk about the fiscal issue.] [BOEHNER - offers perspective on solving the problem.] [Today, Senators Mitch McCONNELL, Harry REID - express frustration with each other's side.]

(Studio: Randi Kaye; Washington: Dana Bash, Jessica Yellin) The latest on fiscal cliff talks to be continued at the White House tomorrow, the likelihood of what will/could happen towards a deal and how both sides are posturing in a public relations war discussed.

(Studio: Randi Kaye) Live discussion held with "New York Times" columnists Russ Douthat and Charles Blow about the fiscal issues. [DOUTHAT - explains why both sides want to go over the cliff and the views of both parties on the Bush tax cuts.] [BLOW - says the Republicans will "take a knock" for this and how Obama can come out in a better position.]

Kaye, Randi;
Jessica, Dana Bash,

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