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To the Point

Negotiations and the 'Fiscal Cliff'

Three weeks after the election, there's been only one high-level meeting about the "fiscal cliff," despite warnings about a recession.  What are the prospects of reaching a deal?  Would it be so bad if they didn't?

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By Warren Olney • Nov 27, 2012 • 50m Listen

Three weeks after the election, there's been only one high-level meeting about the "fiscal cliff," despite warnings about a return to recession. What are the prospects of both parties reaching a deal? Would it be so bad if they didn't? Also, a mass rally in Egypt against President Morsi, and the exhumation of Yasser Arafat's remains.

Banner image: President Barack Obama (2nd R) meets with (L-R) Treasury Secretary Geithner, House Speaker Boehner and Senate Majority Leader Reid to discuss the fiscal cliff and a balanced approach to the debt limit and deficit reduction, November 16, 2012. Official White House Photo by Pete Souza

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Anna Scott

    Former KCRW Housing and Homelessness Reporter

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

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