Obama holds last-ditch meeting to avoid "fiscal cliff"

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Obama holds last-ditch meeting to avoid "fiscal cliff"

Obama holds last-ditch meeting to avoid "fiscal cliff"
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Obama holds last-ditch meeting to avoid "fiscal cliff"

by CBSTV Videos 1:35 mins

Congressional leaders arrived at the White House for a "fiscal cliff" summit with President Obama. As Danielle Nottingham reports, the closed-door meeting is a last-ditch attempt to avoid the automatic tax hikes and spending cuts set to kick in at the start of the new year.

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