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Krauthammer: Debt Is Going To Be "A Major Issue" In 2012

Charles Krauthammer: "You don't win or lose elections or run elections on process. You run and you win and lose them on substance. And the substance is debt, and who put it on the table? Tea Party Republicans, conservatives. At the State of the Union address, the president didn't even have the word debt until almost an hour into his speech. Right now it's the first word out of everyone's mouth. It will be on the table, and the fact that Obama's increased it by $4 trillion is going to be a major issue. And the fact that Democrats have at every turn attempted to restrain the cutting, to restrain the attempt to put a hold on spending, all of that, protect constituencies, that will be remembered."

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