Debt ceiling woes loom despite budget deal

7:11 AM ET Thu, 19 Dec 2013

Former Sen. Judd Gregg, (R-NH), and Erskine Bowles, Campaign to Fix the Debt co-founder, share their thoughts on whether yesterday's budget deal goes far enough to reduce the nation's massive deficit. It is a step in the right direction but we still have the same big challenges to face, Bowles points out.