Simpson on US Debt: Who Is Kidding Who?

3:39 PM ET Fri, 17 Aug 2012

Discussing the upcoming elections, the current tax system, and the severity of U.S. debt, with Alan Simpson, former U.S. Senator (R-WY). "Let's take away every yacht, the extra home, the whole works. That money would run the country for 9 months. Who is kidding who? Surely there must be some people with their heads screwed on right," he says.