Erskine Bowles: Very Worried About Fiscal Cliff

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Nov 29, 2012
President Obama's debt reduction commission co-chairman Erskine Bowles share his thoughts on the fiscal cliff and its fix after a meeting of business leaders with Obama.

-- Thinks going over the cliff will be catastrophic.

-- Washington will have to adopt a balanced approach, raise revenue and cut spending, to resolve the fiscal cliff.

Credit and source: Bloomberg

Here is the video: