US budget deficit and possible bankruptcy. NY discusses

This week the US Treasury Department reported that the country's deficit in January rose to almost US$50 billion, which is seven billion more than last year.

With a struggling economy, and suffering its 28th consecutive month in the red, some wonder if the US might end up going broke.

In her show "The Resident", Lori Harfenist hits the streets of New York to find out if people really think America is on the brink of going bust.