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As the 'Cliff' Turns... Latest Developments

Monday, 10 Dec 2012 | 4:20 PM ET

CNBC's Eamon Javers reports President Obama took his message on the "fiscal cliff" to Michigan today; and Rep. Tom Cole, (R-OK), explains why some Republicans may be willing to accept tax increases, but only if there are significant spending cuts on the other side of the equation.