
Bipartisan budget talks appeared to have stalled on Thursday on Capitol Hill with both sides calling one another “intractable.” The discussions were designed to keep the federal government from going over the fiscal cliff, in which deep cuts to spending and automatic increases in taxes will go into effect in January.
Host Carmen Russell-Sluchansky spoke with Andrew Samwick, economics professor at Dartmouth University and chief economist on the staff of the Council of Economic Advisers under former President George W. Bush, to discuss the politics behind the budget talks.
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