Detailed text transcripts for TV channel - MSNBC - 20130102:16:22:00
Compromise and what hes not willing to compromise on. lets look at what the republicans are using as a leverage point, no less than the full faith and credit of the united states. we got a good window in what happens when you do that in the summer of 2011 when the debt cre ceiling was part of those negotiations, we had our credit rating downgraded, a huge hit to the economy and the recovery. the debt ceiling is a separate issue. congress incurs bills, they have to be paid and the debt ceiling wi...
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