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The Last Word

President Obama addresses notion of reelection mandate

At his news conference on Wednesday, President Obama took on the question of whether he has a mandate following his re-election victory and drew the battle lines on tax cuts for the rich ahead of Friday's negotiations on the fiscal cliff with Congressional leaders. MSNBC's Lawrence O'Donnell discusses with Time's Rana Foroohar and The Washington Post's Nia-Malika Henderson.

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