The Ticking Clock of a U.S. Debt Default

Top White House officials and Republican lawmakers are racing to reach an agreement as the date when the United States is projected to default on its debt approaches. Jim Tankersley, who covers the White House for The New York Times, looks at the state of the negotiations and explains what it will take to win over enough votes in Congress to avoid an economic disaster. Guest: Jim Tankersley, a White House correspondent for The New York Times.