Detailed text transcripts for TV channel - MSNBC - 20131008:22:40:00
Economists say it would be catastrophic. but some republicans say it would be no big deal. listen to this. >> i don't think the credit of the eyewitness is going to be collapsed. i think that all this talk about a default has been a lot of demagoguery. false demagoguery. >> you'd have a balanced budget. it doesn't mean you wouldn't pay your bills. >> anyone that uses the word default is being disingenuous. >> this talk of default by the u.s. treasury is nonsense. >> what's scary to me is not the pending catastrophe, that is very frightening. but that they act as though it's no big thing which ...