Tanous Sees Potential For Agreement On Debt Proposal: Video

July 19 (Bloomberg) -- Peter Tanous, co-author of "Debt, Deficits, and the Demise of the American Economy," talks about a plan by a bipartisan group of U.S. senators that would cut $3.7 trillion from the federal budget deficit. Tanous also discusses Europe's sovereign debt crisis. He speaks with Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)