Detailed text transcripts for TV channel - MSNBC - 20130729:06:06:00
Won't raise the debt ceiling without real cuts in spending. >> so, you know, we've been through budget debates over last four years, and sometimes you get the sense that people are starting all over again as if we hadn't been through the last four years. we are not in the same place that we were in in 2011. we have seen several legislations enacted that have reduced the deficit very substantially. we are seeing the the most rapid reduction of the deficit since the end of world war ii when we demobilized. we're outperforming expectations in terms of how quickly we're reducing the deficit and re...
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