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Cutting deals: Is Congress trying to compromise before new year?
In the last two days of trading, the Dow closed down a number of points, reflecting the uncertainty investors feel with just six days to go before some potentially devastating impact to an already fragile economy. New York Congressman Jerry Nadler discusses the potential impact on the market of the “fiscal slope.” The New York Times’ Jonathan Weisman joins the discussion and emphasizes the lack of urgency congressmen feel about reaching a deal before December 31.