Obama's compromises to reach deal

Obama's compromises to reach deal

December 31, 2012 4:11 PM

President Obama won higher taxes on the wealthy in the emerging fiscal cliff deal but had to give up a few things to get it - including a campaign pledge not to raise taxes on people earning more than $250,000 a year. Major Garrett looks at some of the last-minute deal brokering.

Finally, a "fiscal cliff" breakthrough
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