Dont Raise the Debt Limit, Cut Taxes
Original Air Date: July 12, 2011
President Barack Obama told CBS Evening News Anchor Scott Pelley Tuesday that he cannot guarantee that Social Security checks will go out as planned if Democrats and Republicans fail to reach a deal to raise the debt ceiling by August 2. The same debt limit that the President said should make the American people eat their peas. We analyze what both sides of the aisle are saying and doing about it.