Congressional committee finds U.S. Attorney General Eric Holder in contempt

A Republican-led House committee voted today to find Attorney General Eric Holder in contempt of Congress, making him the highest-ranking U.S. government official to face that charge in over 14 years.

This was the result of a more than 18-month investigation by the House committee into the Department of Justice's botched "Fast and Furious" gun running program, which was designed to track guns as they made their way through Mexican drug cartels. The vote came down on party lines.

But President Obama ventured into the fray for the first time today, invoking Executive Privilege to prevent Holder from having to provide certain documents to the committee. How does his involvement change the picture? Erin Burnett breaks it down with John Avlon, Michael Waldman, and David Frum.