PBS Newshour: President Obama's Second Term Agenda Begins With Stressing Compromise on Budget

With automatic spending cuts and tax increases scheduled to hit in January 2013, President Barack Obama hopes to find a "grand bargain" solution to U.S. budget woes. Gwen Ifill talks to Sen. Dick Durbin, D-Ill., and Sen. Kay Bailey Hutchinson, R-Texas, about President Obama's latest efforts to push compromise on Capitol Hill.