Detailed text transcripts for TV channel - MSNBC - 20121231:17:22:00
Security and tax cuts, unemployment, insurance extension would take some of that away. and the fact of the matter is that the debt limit from a market perspective is a much bigger deal. if we get, you know, six weeks from now to a point where it looks like we might go over again, we don't have a deal, the markets are going to react more than they are now. on the fiscal cliff they think this is going to find someone out. it gets done. the debt limit, if we go over it, we get downgraded again. it's unthinkable. it's not completely unthinkable that we could. markets tanks. interest race go way up...