Live Chat Transcript and Video: President Obama on Fiscal Policy

On Wednesday, President Obama delivered a major speech on fiscal policy, deficit reduction, and budget priorities. It looked to rebut Republican proposals, and set the economic strategy going into the 2012 election. Brian Lehrer; Pat Garofalo, Economic Policy Editor at the Center for American Progress; It's A Free Country's Anna Sale and Jody Avirgan; and fellow listeners chatted about a plethora of things, among them - the main takeaways and "debt-triggers."