After President Obama announced his plan to overhaul the financial system and the Republicans offered their response, the debate is on. While everyone agrees we went too far without enough oversight, the arguments now get down to the role of government vs. the role of the free market, how to fix things without breaking them even more, and how much more all of this will cost taxpayers like you.

This morning on WLS, I talked it over with Sen. Byron Dorgan, one of only 8 senators to vote against bank deregulation, and author of the new book, “Reckless: How Debt, Deregulation, and Dark Money Nearly Bankrupted America (And How We Can Fix It).”

Listen, then click here to subscribe to these podcasts via iTunes!