Detailed text transcripts for TV channel - MSNBC - 20110728:13:09:00
Trillion wasnt reached. $4 trillion will not be reached. we know that. its also how significant the consequences of that would be. some, maybe not catastrophic. the danger for republicans at this moment is the one that mitch mcconnell outlined a few weeks ago when talking about the backup plan. >> owning this economy. >> they would get ownership of a default if we default, they may be acquiring ownership of a downgrade if thats what happens. >> heres what the head of s&p said on capitol hill yes...
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