secret talks happen all the time, and 99% of them fail. but we are rooting for the 1% chance that these finally succeed. because america needs a grand bargain to prevent our debt rising to twice the size of our economy and to prevent a recession really, really soon. today fed chief ben bernanke, the man who has twisted and turned to get interest rates to zero to try to help this country said now congress must act. i urge congress to come to agreement on that well in advance so as not to push us to the 12th hour. if no action were taken and the fiscal cliff were to kick in in its full size, i think it would be very likely that the economy would begin to contract. contract means get smaller. it means recession. and people talk a whole lot about this fiscal cliff, but sometimes, you know, it kind of blurs together. so what exactly are we talking about? to be honest, this cliff is like we re on the top of mt. everest staring down a 29,000-foot crevasse. at the end of this yea
right now. outfront next, secret talks to save america from economic disaster going on tonight. and bill clinton says i m very sorry. but does his apology add up? and reports of a growing problem with american soldiers using a drug linked to the zombie-like attack in miami. let s go outfront. i m erin burnett. outfront tonight, secret talks. secret talks in congress to save america from fiscal implosion. secret talks happen all the time, and 99% of them fail. but we are rooting for the 1% chance that these finally succeed. because america needs a grand bargain to prevent our debt rising to twice the size of our economy and to prevent a recession really, really soon. today fed chief ben bernanke, the man who has twisted and turned to get interest rates to zero to try to help this country said now congress must act. i urge congress to come to agreement on that well in advance so as not to push us to the 12th hour. if no action were taken and the fiscal cliff were to k
outfront tonight, secret talks. secret talks in congress to save america from fiscal implosion. secret talks happen all the time, and 99% of them fail. but we are rooting for the 1% chance that these finally succeed. because america needs a grand bargain to prevent our debt rising to twice the size of our economy and to prevent a recession really, really soon. today fed chief ben bernanke, the man who has twisted and turned to get interest rates to zero to try to help this country said now congress must act. i urge congress to come to agreement on that well in advance so as not to push us to the 12th hour. if no action were taken and the fiscal cliff were to kick in in its full size, i think it would be very likely that the economy would begin to contract. contract means get smaller. it means recession. and people talk a whole lot about this fiscal cliff, but sometimes, you know, it kind of blurs together. so what exactly are we talking about? to be honest, this cliff is