Party Leaders Meet with President on the Debt Ceiling

Congressional leaders went to the White House today to discuss the debt ceiling, but President Obama made good on his promise to introduce "something big." Tax reform and major changes to entitlement programs reportedly have been put on the table. The President said he'd reconvene congressional leaders on Sunday "to start engaging in the hard bargaining that is necessary to get a deal done." Major Garrett is Congressional correspondent for the National Journal.