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McConnell: 'Very, Very Close'

Monday, 31 Dec 2012 | 2:58 PM ET

Brent Wilsey, Wilsey Asset Management, and Jim Iuorio, TJM Institutional Services, discuss whether positive news from Washington means we are closing in on a tax deal; and CNBC's John Harwood & Eamon Javers discuss the latest news on the "fiscal cliff."