'Fiscal Cliff' Showdown: Dems vs. GOP

8:03 AM ET Fri, 30 Nov 2012

Which political party is the biggest obstacle to a "cliff" agreement? Ed Rendell and Judd Gregg, "Fix the Debt" campaign co-chairs, discuss ways to rise above partisan politics and negotiate a debt deal. The "fiscal cliff" is sort of the ultimate forcing mechanism and "Congress needs forcing mechanisms to act," added Gregg.