Budget Plan Offers Laid Out in Negotiations, Deal Elusive

Aired: 12/18/2012 | 0:10:49 | Clip
President Obama raised the threshold for higher tax rates to households making $400,000 annually and offered spending cuts, but Republicans held that the White House's plans don't go far enough on spending cuts. Judy Woodruff talks to The Wall Street Journal's Carol Lee and WNYC's Todd Zwillich about the battle for an agreement.