Dean Baker: Obama 'Has All Cards' in Deficit Talks

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Dec. 7 (Bloomberg) -- Matt McDonald, a partner at Hamilton Place Strategies LLC, and Dean Baker, co-director of the Center for Economic & Policy Research, talk about talks between U.S. lawmakers to avert the so-called year-end fiscal cliff. They speak with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." Matthew Dowd, Bloomberg political analyst and former chief campaign strategist for President George W. Bush, also speaks. (Source: Bloomberg)