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Detailed text transcripts for TV channel - MSNBC - 20120516:22:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120516:22:20:00

Going to allow a debit ceiling increase without doing something serious about the debt. at the same time he could be using the debt limit as a bargaining tool. $500 billion in defense cuts will start to go into effect. is that what they're after? a bargaining chip on this? >> my feeling is they creating the perfect storm. they have all of those tax cuts, all of those cuts in the military, all of the digressionary cuts in the budget, all coming due along with this debt crisis at the same time right around the election. and i believe they really have no interest in anything but capturing the whi...