Time's Running Out before a Fiscal Crisis Kicks In

Yesterday, after fiscal-cliff negotiations broke down, President Obama admonished, "(T)hat we lurch from crisis to crisis every six months, or every nine months…that's not how you run a great country…. It is very hard for them [Republicans] to say yes to me. At some point, they've got to take me out of it – think about their voters, and think about what's best for the country." In the midst of negotiations with the President, House Speaker John Boehner proposed what he calls "Plan B." But it's sure to be dead on arrival when it reaches the Senate. We hear how compromise on the "fiscal cliff" is dominated by philosophical differences, political mistrust — and personal antipathy.