Transcripts for CNN The Next List 20131012 18:34:00 : vimars

CNN The Next List October 12, 2013 18:34:00

up with them, miguel and people said we're disappointed at the way things stand right now, but i guess encouraged was the word one senator used about the facts that talks are still going on. both sides understand -- most people, i should say, understand what it would mean not to raise the debt licht for instance. some don't believe it would have a huge impact, but treasury secretary jack lew was up here last week testifying, and making very clear it's just not an option, and the closer we get, damage is being done each step of the way. sure the markets aren't open today, but they will be in a couple more days. what people need to understand is what this will mean, not just to furloughed workers, but if this debt limit isn't raised, what will happen to seniors who rely on their social security checks? what about troops waiting to be paid? you have your bondholders, but

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