Detailed text transcripts for TV channel - MSNBC - 20130106:17:04:00
Rachel, the president says he will not treat an increase in the debt ceiling for equal spepding cuts. speaker boehner has so far maintained, well, that's exactly what republicans are going to demand. who blinks first? >> that's the key question. president obama has shown new toughness in his negotiations with congress since his re-election, coming off a stronger than expected victory, of course, and also feeling like he learned some lessons from past fights with the congress. he has said he will not negotiate around the debt ceiling. at the same time, republicans feel like they have much more ...