WIRE-CBS  ·   July 12, 2011

McConnell unveils debt ceiling 'back-up plan'

- Senate Republican Leader Mitch McConnell (R-Ky.) proposed a "back-up plan" that would allow Congress to raise the debt ceiling with just a one-third of votes. ()

- Senate Republican Leader Mitch McConnell (R-Ky.) proposed a "back-up plan" that would allow Congress to raise the debt ceiling with just a one-third of votes. ()

McConnell unveils debt ceiling 'back-up plan' (2:43)

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