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Economy and Politics: Fiscal Cliff #1036084

ABC Evening News for Saturday, Dec 29, 2012
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(Studio: David Muir) Report introduced.

(White House: Jonathan Karl) A last-ditch effort by Congress to prevent a New Year's day tax hike examined; details given about the tenets of a proposed mini deal, how much taxes would go without a deal and the limited prospects for even a small deal. [Senators Mitch McCONNELL, Harry REID - comment on a deal.] [President OBAMA - says this is deja vu all over again.]

(Studio: David Muir, Bianna Golodryga) The impact of the looming fiscal cliff on the stock market and housing sales discussed. [OBAMA - says we are now at the last minute and the economy could be impacted.]

Reporter(s):
Muir, David;
Karl, Jonathan;
Bianna, David Muir,
Duration:
00:03:50

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