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What Happened to Spending Cuts?

Monday, 26 Nov 2012 | 7:00 PM ET

Over the weekend, Republican senators are talking about breaking the so-called Grover Norquist pledge against raising taxes, reports CNBC's John Harwood; and Keith Boykin, CNBC Contributor and Larry Elder, author of "Dear Father, Dear Son," discuss spending cuts, and the looming fiscal cliff.