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Wed, Jan 2, 2013 -- 9:00 AM

The Fiscal Cliff and the Art of Negotiating


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Nicholas Kamm/AFP/GettyImages
President Barack Obama speaks on the economy in the East Room of the White House on November 9, 2012.
Nicholas Kamm/AFP/GettyImages
President Barack Obama speaks on the economy in the East Room of the White House on November 9, 2012.

Late Tuesday evening the House passed a deal to prevent automatic federal spending cuts and tax increases, avoiding the infamous "fiscal cliff." We'll look at what was in the deal and how it may set up future political battles over how America spends its money. And, we'll get insights on what the deal teaches us about about the art of negotiation.

Host: Joshua Johnson

Guests:

  • David Wessel, economics editor for The Wall Street Journal and author of "Red Ink: Inside the High-Stakes Politics of the Federal Budget"
  • Heidi Przybla, congressional reporter for Bloomberg News
  • Jerry Nickelsburg, adjunct professor of economics at UCLA's Anderson School of Management and senior economist with UCLA Anderson Forecast
  • Robert Mnookin, director of the Harvard Negotiation Research Project

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