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Rep. Welch: Boehner doesn't have leverage now

Rep. Peter Welch says Democrats have the upper hand when it comes to dealing on the fiscal cliff while Republicans put out a video, saying tax increases would hurt small businesses. His response was – that was the argument Mitt Romney used and he lost. The Atlantic’s Molly Ball and The Grio managing editor Joy-Ann Reid discuss the repercussions of going off the fiscal cliff.