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GOP spending cuts tanking the economy?

The contraction of the American economy in Q4 has sparked a policy debate about who to blame, and it will likely carry into the upcoming battles over the seques

The contraction of the American economy in Q4 has sparked a policy debate about who to blame, and it will likely carry into the upcoming battles over the sequesters and the budget. Alex Wagner, CNBC's Eamon Javers and the NOW panel  break down the underlying data and why Republican policies of austerity and brinkmanship led to the latest drop in GDP.