Toomey Says Obama Not Focused on Real Problem

Dec. 4 (Bloomberg) -- U.S. Senator Pat Toomey, a Pennsylvania Republican, talks about negotiations between lawmakers to avert the so-called fiscal cliff. President Barack Obama said today that a Republican offer doesn't go far enough and won't raise the revenue needed to shrink the deficit by $4 trillion over next decade. Toomey speaks with Peter Cook on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Townhouse For Sale: Why It Hasn't Seen a Single Bid
35:57 - With Australia's cash rate at a record low two percent, there are warnings it could further fuel Sydney's red-hot property market. However, it's a very different story on the other side of the country, as the end of the long mining boom drags house prices down. Bloomberg's Paul Allen reports from Perth. (Source: Bloomberg)
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