Detailed text transcripts for TV channel - MSNBC - 20131005:12:04:00
Duffy. they had a huge impact in the 2011 debt ceiling goes, actually, they created the idea of debt ceiling goes, of threatening to hold up the full faith and credit of the united states unless the white house granted massive successions. they were symbolic before 2011. no one threatened an actual default. no one dared to threaten an actual default. in 2011, the tea party decides to make this a bargaining chip. barak let them do it. they wanted to negotiate over the debt ceiling. he negotiates over the debt ceiling with them. then the negotiations blow up. the default deadline draws perilousl...