Bowles, Simpson Discuss Consequence of Fiscal Cliff

Nov. 16 (Bloomberg) – Erskine Bowles and Alan Simpson, co-chairmen of President Barack Obama's deficit-reduction commission, talk about tax policy, the consequence of the so-called fiscal cliff and the need for bipartisan cooperation in Congress. Bloomberg's Peter Cook moderates. They speak at an event hosted by the Peterson Institute in Washington. (Source: Bloomberg)