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Debt ceiling woes loom despite budget deal

Thursday, 19 Dec 2013 | 7:11 AM ET

Former Sen. Judd Gregg, (R-NH), and Erskine Bowles, Campaign to Fix the Debt co-founder, share their thoughts on whether yesterday's budget deal goes far enough to reduce the nation's massive deficit. It is a step in the right direction but we still have the same big challenges to face, Bowles points out.