Obama Likely to `Get His Way' on Taxes, Swagel Says

Dec. 26 (Bloomberg) -- Phillip Swagel, a professor at the University of Maryland School of Public Policy, talks about U.S. budget negotiations and the likely impact of the so-called fiscal cliff on the economy. Swagel speaks with Erik Schatzker and Sara Eisen on Bloomberg Television's "Market Makers." Fabio Savodelli, professor at Columbia University Business School, also speaks. (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
54:41 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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