Detailed text transcripts for TV channel - MSNBC - 20131213:14:46:00
You are left with $23 billion from now until 2023. compare that number to the estimate for total deficits over the next years. that number is $6.3 trillion. if the debt reduction in this deal seems like a drop in the bucket, it is. ryan and murray managed to shave just 4/1,000th of 1% off the budget. it likely avoids battles, it doesn't do anything about the threat of another fight over the debt limit, hint, hint. it kicks back potentially with a limit of around $17 trillion. at that point the treasury will immediately have to begin using the so-called extraordinary measures to allow the gover...
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