After a weekend of relatively little progress on the debt-ceiling negotiations, Congress is still far away from any sort of compromise. This week, Republicans intend to vote on a "cap, cut and balance" plan, aimed at capping federal spending, cutting the deficit and amending the Constitution to require a balanced budget. They would also lift the debt limit. The deal may get enough support in the House, but it's less likely to pass the Senate.
Rep. Nan Hayworth, Republican of New York, talks about what her party wants out of the of debt-ceiling negotiations as the August 2 deadline quickly approaches.