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Is The 'Fiscal Cliff' As Bad As It Sounds?11:44Download

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Large cuts to the budget will take effect in January if Congress doesn't agree on a spending and tax plan. The White House has said it'll work with lawmakers to avoid the so-called "fiscal cliff," but experts predict a long budget battle. Host Michel Martin speaks with economics reporter Sudeep Reddy and NPR Senior Business Editor Marilyn Geewax.

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