Detailed text transcripts for TV channel - MSNBC - 20110728:01:09:00
House of representatives okay going past august 2, 8, 10, or wherever they need to go to get a balanced budget amendment. if you go there, though, we dont just get a downgrade, downgrade would be bad enough, wed get one if we passed the boehnor plan. if we went into prior ç tieization, were going to suck $134 billion out of the economy in august. thats 10% of that one months gdp. you dont get to do that without going into, essentially, an immediate recession. >> the numbers, when i hear you ta...
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