The Debt Ceiling, the President and Next Year's Campaign

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Republicans claim they made deficit reduction the price the President had to pay for increasing the debt ceiling so the US could pay its bills. Does that make Barack Obama look like a weak leader?  Did he give up too much to hold on to his base or the right amount to appeal to centrist voters? Tea-Party favorite Michele Bachmann opposed any debt-ceiling increase; moderate Jon Huntsman said one was needed. Other GOP presidential contenders had little to say while the debate was on, but now that it's over, Mitt Romney calls it a bad deal. Rick Perry, who's not yet announced, is still silent. What does that tell us about how Republican nomination campaign is shaping up? Will the new bipartisan "super committee" roil the political waters all over again?  Will Tea Partiers be able to extend their influence from Congress to the race for the White House?

Credits

Guests:
Chris Cillizza - Washington Post - @thefix, Nate Silver - New York Times, Matt Kibbe - FreedomWorks, Glenn Greenwald - Salon.com - @ggreenwald, Dan Schnur - professor at USC, UC Berkeley and Pepperdine - @danschnur

Host:
Warren Olney

Producers:
Julia Flucht, Karen Radziner, Sonya Geis