The Debt Limit Has Been Raised 78 Times Since 1960

The debt limit has been raised 78 times since 1960. "I don't think there's one, one, one particular answer," Obama says of the debate over how to handle it. The U.S. economy is in dire straits and will need a major injection of cash if we're going to get out of this financial crisis on its own. 'We continually just print money and create money,' he adds.