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Fiscal Cliff Deadline Looms

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 (Scott Olson/Getty Images)

Talks resumed on Wednesday between House Speaker John Boehner and the White House about how to avoid the so-called fiscal cliff — the automatic spending cuts and tax increases set to take effect in January. But time for a deal is running out. We get the latest on the negotiations.

Guests:

Todd Zwillich, Washington correspondent for Public Radio International's "The Takeaway"

Peter Coy, Economics Editor, Bloomberg Businessweek

Heidi Przybla, Congressional Reporter, Bloomberg News

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