Debate Over the National Debt Limit: Two Weeks Left

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 U.S. President Barack Obama speaks at a news conference in the Brady Press Briefing Room at the White House July 15, 2011 in Washington, DC.

David Sanger, chief Washington correspondent for the New York Times, joins Yasmeen Khan to discuss U.S. lawmakers' continuing efforts to reach an agreement on the debt limit. With just two weeks left before the August 2nd deadline, there's increased pressure for Republicans and Democrats to broker a deal. Sanger weighs in on the so-called "cap, cut and balance" plan as well as the President's wish for $1.5 trillion.