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Fiscal cliff negotiations between Congress and the White House have reached a standstill as both sides clash over spending cuts and tax increases. Also, the potential nomination of Susan Rice to succeed Hillary Clinton as Secretary of State has left Obama and Republicans at a political stalemate.  Joining Gwen: Gloria Borger, CNN; Michael Viqueira, NBC News; Susan Davis, USA Today.

On the Webcast Extra: The panelists envision what occurred at the private Obama-Romney lunch and discuss the optics behind the sole photo released by the White House. Plus, what is the future of the filibuster? Will it help alleviate the Senate backlog?