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'Fiscal Cliff' Showdown: Dems vs. GOP

Friday, 30 Nov 2012 | 8:03 AM ET

Which political party is the biggest obstacle to a "cliff" agreement? Ed Rendell and Judd Gregg, "Fix the Debt" campaign co-chairs, discuss ways to rise above partisan politics and negotiate a debt deal. The "fiscal cliff" is sort of the ultimate forcing mechanism and "Congress needs forcing mechanisms to act," added Gregg.