Boehner And Reid Work On Partisan Debt Plans (VIDEO)

Source: CBS News On Friday House Speaker John Boehner said he was abandoning talks with the White House to focus on what he thought could be a deal that he could reach with congressional leaders. After a weekend of intense back-and-forth, we are now told that those talks have stalled, too, reports CBS News Congressional correspondent Nancy Cordes. Boehner says his Republican bill would involve raising the debt ceiling in two stages: First, by about $1 trillion, in exchange for [...]