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(Studio: Randi Kaye) Breaking news on the fiscal cliff, the Tuesday deadline and the slow return of members of Congress, some of whom met with President Obama, reviewed. [OBAMA - expects a bill to make sure taxes on middle class families do not go up with the groundwork for further work.] [Senators Harry REID, Mitch McCONNELL - comment on the White House meeting and the prospects for a deal.] [OBAMA - says people wonder why we can't get things done.] Senators Charles Schumer and Rand Paul quoted and the drop in the stock market noted.
(Studio: Randi Kaye; White House: Jessica Yellin) Whether they made some progress, how the president has a sense of optimism, how we got here and the differences between the two parties about the role of government in our lives discussed.
(Studio: Randi Kaye) Live discussion held with Democratic strategist Cornell Belcher and "New York Times" reporter Ross Douthat about the fiscal cliff. [BELCHER - comments on the Senate and House votes to come.] [DOUTHAT - outlines the dilemma for the Democrats about pushing the bills; comments on the incentives for the Republicans and the party as a whole.]
- Kaye, Randi;
- Yellin, Jessica
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