Toomey Says Obama Not Focused on Real Problem

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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)

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