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Transcripts For CNNW John King USA 20111222

bill, if you can get this fixed, why not why not do the right thing for the american people even though it s not exactly what we want. full details of the deal, the compromise and reaction. president obama said, for the past several weeks i ve stated consistently it was critical congress not go home without preventing a tax increase on 160 mill americans. an agreement meet that s test. more reaction coming as well. latest on the details and the political fallout. dana bash is with us and jessica yellin. let s go to the hill first. house republicans are saying we have a tweak in the language here to help small businesses, but this is cave with a capital c, no. reporter: tweak with a little t, barely you can see the tweak. house republicans gave in here. you could see it in the house speaker s demeanor. you could hear it in his voice. he all be gave a concession speech. both on the politics and on the policy of this. policy meeting as he said we fought the good fight.

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