Excerpt
SUMMARY: President Obama called on Republicans to "act responsibly" and raise the nation's debt ceiling before March when the U.S. is expected to breech its borrowing limit and possibly default on its debt. Judy Woodruff talks to the Wall Street Journal's Carol Lee and Politico's Jake Sherman about Obama's plans for the federal deficit.
President Obama's Final News Conference of First Term (52:51)
Watch Obama Steers Second Term Agenda Towards National Debt, Guns on PBS. See more from PBS NewsHour.
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