while but not long. that will come through the sequester primarily. big lay-offs among the civil service. we will see two things. one is that if we don't get the fiscal cliff fixed rapidly we will go into another recession. the second if we don't get it fixed rapidly and then we have the debt ceiling collision that i've outlined, we'll see a financial market chaos. if those two things come together, it's going to be a terrifying event for markets, as well it should be. one thing if we get a fix quickly. people don't understand how much damage we're doing to the economy if this goes on for a month and a half. >> thank you. the moment of truth for republicans. are they willing to put country ahead of party and make a deal? and again, other big story we're following tonight, secretary of state hillary clinton admitted to new york presbyterian hospital. she has a blood clot following the concussion she suffered this month. [ male announcer ] it's that time of year again.