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Can Washington Fix the Economy?

This week, President Obama laid out his tax plan and the Federal Reserve announced a new policy called "The Twist." But in a time of political gridlock, just how much can the Fed or the president do to stimulate the economy?
 (Matt Sullivan/Getty)

This week, President Obama laid out his tax plan and the Federal Reserve announced a new policy called “The Twist.” But in a time of political gridlock, just how much can the Fed or the president do to stimulate the economy?

Guests:

Ken Goldstein, economist with The Conference Board in New York

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