Summers: 'Consequences Will Be Disastrous'

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Summers: 'Consequences Will Be Disastrous'

NEW YORK, December 5, 2012 — Former U.S. Treasury Secretary Lawrence H. Summers outlines possible outcomes if Congress and the White House fail to negotiate a "fiscal cliff" deal before the end of 2012 in a talk with Karen Finerman. (6 min., 16 sec.)

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