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Fiscal cliff or fiscal 'bungee cord'?


Top Talkers: What happens for both Democrats and the GOP if there is no deal on the fiscal cliff? What's truly at stake? The Morning Joe panel – including CNBC's Andrew Ross Sorkin, the Council on Foreign Relations' Richard Haass, New York Magazine's John Heilemann, Random House's Jon Meacham and the Washington Post's Jonathan Capehart – discusses.