New push to protect poor as U.S. approaches fiscal cliff

This week, International Monetary Fund Chief Christine Lagarde called on U.S. and European leaders to take urgent action and deal with a faltering economy. She says the global economy will recover gradually, but that growth will be weaker than anticipated.

Meanwhile, U.S. lawmakers called it a day -- leaving Washington for seven weeks without passing any substantial fiscal legislation.

Jonathan Strong, staff writer for CQ Roll Call discussed the approaching fiscal cliff with Capital Insider.