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Detailed text transcripts for TV channel - MSNBC - 20110809:00:06:00

Beers, the most incompetent analyzers of treasury debt in american history fail to understand is that the debt ceiling has always been a political bargaining chip. the political game of the debt ceiling just has never been played quite as loudly as it was played this year. almost half of the congress almost always votes against increasing the debt ceiling, the party out of power leaves raising the debt ceiling to the party in power. that s why senator barack obama voted against raising the debt ceiling when the republicans had a majority in the united states senate. not that senator obama was opposed to raising the debt ceiling, he was just playing a political game with it, trying to highlight republican responsibility for the debt. this year we saw something we haven t seen before, some tea party members of congress claiming that they would do anything to prevent an increase in the debt ceiling, no matter what. ....

Debt Ceiling , Treasury Debt , Bargaining Chip , United States Congress , Barack Obama , United States Senate , Tea Party , Members Of Congress , Haven T , No Matter What ,