Solving the debt ceiling dilemma with Rep. Brendan Boyle — "The Takeout"

With Washington hurtling toward a possible June 1 U.S. default date, the ranking Democrat on the House Budget Committee says the central negotiating sticking points in the negotiations over raising or suspending the debt ceiling are the depth of future spending cuts and their duration. 

"The single biggest sticking point by far is simply the numbers," Pennsylvania Democratic Rep. Brendan Boyle told CBS News on "The Takeout." "The duration of the (spending) caps and their severity, that's what it's all about. That's 90% of it."

Boyle also said House Republicans will have to abandon their push for up to 10 years of caps on domestic discretionary spending. Boyle said the White House and congressional Democrats will never agree to cuts of that duration, regardless of their size.