McLarty: 'No Victory Laps Here'

Wednesday, 2 Jan 2013 | 7:05 AM ET

CNBC's Eamon Javers reports the details of the "fiscal cliff" bill passed by the House last night. And Juleanna Glover, GOP strategist; and Thomas McLarty, McLarty Associates chairman and president, discuss the next battle in Congress over spending cuts and the debt ceiling.