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Debt Ceiling #993741

CBS Evening News for Sunday, May 15, 2011
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(Studio: Russ Mitchell) Report introduced.

(White House: Whit Johnson) The urgent political debate on the debt ceiling examined; details given about the issues of spending cuts and tax revenue, how the deadline can be extended and the prospects of the US defaulting on the national debt. [On "Face the Nation," Representative John BOEHNER - says we have a moment to act.] [Senator Richard DURBIN - says we have to look at revenue and entitlements.] [May 11, President OBAMA - asks if there will be compromise.] Vice President Joe Biden's role in negotiating a deal noted.

Reporter(s):
Mitchell, Russ;
Johnson, Whit
Duration:
00:02:20

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