Debt Limit Debate: Obama and Congress Reach a Deal
Monday, August 01, 2011
David Sanger, chief Washington correspondent for the New York Times, joins Kerry Nolan to discuss the debt-limit deal reached last night between President Barack Obama and the Republican-led House. The deal is easing fears of a default which could have sent the economy into a recession. Sanger says that this same deal could have been made much earlier, and that much of this deal is simply putting off the debate until later.