Deficit talks breakdown: Don't panic

Eric Cantor walked out of talks on deficit reduction and increasing the debt limit last week, but that's par for the course. If the Republicans are eventually going to bow to reality and accept that some kind of new revenues will be needed to tackle the nation's budget deficit, they'll need to do some kicking and stomping first. That's what happened on Thursday.

Eric Cantor walked out of talks on deficit reduction and increasing the debt limit last week, but that's par for the course. If the Republicans are eventually going to bow to reality and accept that some kind of new revenues will be needed to tackle the nation's budget deficit, they'll need to do some kicking and stomping first. That's what happened on Thursday.

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