NRF’s Shay on Threatened Port Strike, Budget Talks

Matthew Shay, chief executive officer of the National Retail Federation, talks about the possibility that U.S. lawmakers will reach a budget agreement before Jan. 1 and avert the so-called fiscal cliff of tax increases and spending cuts. Shay also discusses a possible strike by U.S. dockworkers and the outlook for U.S. retail sales.

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