Former U.S. Senator Mitt Romney says he has had an awakening, arguing that the U.S. is headed for financial disaster. Romney wrote in a New York Times op-ed that the only way to avoid it is to "tax the rich." University of Michigan Professor of Public Policy Betsey Stevenson, Co-anchor of CNBC’s "Squawk Box" Andrew Ross Sorkin, and co-founder of Punchbowl News Jake Sherman join Katy Tur with their reaction and analysis.
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