President Obama won a historic bid for re-election last night, but the celebrations may already be over. He has less than two months to resolve a $600 billion fiscal cliff which threatens to nosedive the economy back into a recession. Republicans continue to assess the damage and reflect on its long-term future. (Hint: it’s missing diversity.) Here’s a look at the headlines shaping tonight’s rundown:
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First Word: Fiscal cliff takes center stage after Obama win
President Obama won a historic bid for re-election last night, but the celebrations may already be over.
