Panetta: U.S. Has One Year If Iran Decides to Build Nuclear Bomb

Feels like Iran's been a few months or a year away from a bomb for years

If Iran decides to make a nuclear weapon, the United States would have a little more than a year to act to stop it, U.S. Defense Secretary Leon Panetta said on Tuesday.

"It's roughly about a year right now. A little more than a year. And so … we think we will have the opportunity once we know that they've made that decision, take the action necessary to stop (Iran)," Panetta said on CBS's "This Morning" program.