CQ Budget: Two fiscal brawls ahead

Both parties have raised the stakes in a battle over lifting the statutory debt limit. And House Republicans are promising big spending cuts while they try to protect the Pentagon's budget. CQ Roll Call's David Lerman, Lindsey McPherson, Paul M. Krawzak and Caroline Coudriet outline the biggest fiscal challenges of the year and assess prospects for possible compromise. Learn more about your ad choices. Visit megaphone.fm/adchoices