The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California.
Hosted by Madeleine Brand
Airs

A debt ceiling deal, but at what cost to President Obama's re-election chances in 2012?




President Barack Obama speaks on the debt limit impasse from the briefing room of the White House
President Barack Obama speaks on the debt limit impasse from the briefing room of the White House
Chip Somodevilla/Getty Images

Listen to story

07:20
Download this story 3MB

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."