Detailed text transcripts for TV channel - MSNBC - 20130104:01:13:00
Or to spend the money. he has to follow the laws pass the by congress, the taxes raised by congress. he has no authority beyond that. the debt limit simply tells the treasury that they cannot refinance the bonds, they cannot sell additional notes. but it is in fact the congress who has over time, and you mentioned it, ten years of war that was never paid for, that has authorized the deficit. it is us, the members of congress that do that. and we can do this. we can put together a plan that over ...
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