Dick Armey on the Tea Party's budget plan to balance budget, curb spending

With just one week to go before they reach their deadline, all eyes in Washington are on the so-called Super Committee – the task force responsible for producing a deficit cutting plan. But this morning, members of the Tea Party are putting forth their own budget proposal. They claim that it balances the budget in four years – without any tax hikes. The plan would cut spending by $9.7 trillion over 10 years.

Christine Romans talks with Dick Armey, chairman of Freedom Works and one of the architects of the plan, to comb the details of the Tea Party's budget proposal.