Congressional leaders and President Obama struck an 11th hour debt ceiling deal Sunday night, in an effort to stop the nation defaulting on debt repayments and losing its AAA credit rating. If approved, the agreement will cut more than $2 trillion from the federal budget over the next ten years. What toll have weeks of negotiations taken on President Obama's re-election chances in 2012? John Rabe spoke with Allan Lichtman, presidential scholar at American University and the author of "13 Keys to the White House."
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