Congressional Budget Office Warns Avoid the 'Fiscal Cliff'

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In January, the Congressional Budget Office, which advises both parties, said failure to cope with looming tax increases and spending cuts in January would trigger a mile recession. Today, it upped the ante and predicted that the recession could be "significant." Lori Montgomery is financial reporter for the Washington Post.

Credits

Guest:
Lori Montgomery - Washington Post - @loriamontgomery

Host:
Warren Olney

Producers:
Caitlin Shamberg, Christian Bordal, Anna Scott