NBC's Chuck Todd explains that a fiscal cliff deal has been difficult to reach because President Obama and Speaker Boehner don't want to appear to be caving to the other.
Vice President Joe Biden has reached a deal with Senate Republicans to avoid the massive tax hikes and spending cuts set to begin on January 1st. NBC's Kelly O'Donnell reports.
"We're about to snatch defeat out of the jaws of victory," says CNBC's Steve Liesman, who warns that higher unemployment may be ahead.
MSNBC's Milissa Rehberger talks with contributor Ezra Klein and outlines the potential Senate deal that avert the Fiscal Cliff.