Rep. Rigell on Boehner Fiscal Plan, Defense

Dec. 20 (Bloomberg) -- U.S. Representative Scott Rigell, a Virginia Republican, talks about efforts to avert more than $600 billion in tax increases and spending cuts set to start in January, and potential cuts in defense spending. Reynolds speaks with Betty Liu on Bloomberg Television's "In the Loop." James Reynolds, chief executive officer of Loop Capital Markets LLC, also speaks. (Source: Bloomberg)
Berkshire Bets Americans Are Still Thirsty for Gasoline
19:38 - In its most significant energy investment in two years, Warren Buffett's Berkshire Hathaway has amassed a $4.5 billion stake in Phillips 66, making it the biggest shareholder in the largest U.S. oil refiner. Bloomberg's Bradley Olson reports on "Bloomberg Markets." (Source: Bloomberg)
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