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As Republicans and Democrats continue to duke it out over raising the debt ceiling, some in the majority ...

Conversation, they are not going to do that. we won't default. but it is point of leverage and actually they are talking about exactly that. >> there's three branches of government. this is an appropriate conversation whether we like it or not. there are duly elected members of congress that have the right and constitutional right here and they should be heard in how they work through this is part of the process. >> the rubber hits the road at some point and you get to the point where you could have a situation where congress doesn't approve it at which point the executive branch has to do som...

Ceiling fake crisis habit and the president says he'll break it. and he's backed up by the treasury secretary and the leader of the democrats in the house. >> do you agree with alan greenspan, that we ought to just eliminate the debt ceiling? >> oh, absolutely. >> you do? will you propose that? >> well, you know, this is something that only congress can solve. congress put it on itself. we've had 100 years of experience with it. and i think only once, last summer, did people decide to use it to threaten default on the american credit for the first time in history as a tool for political advant...

If two-thirds of the congress objects, than that is overturned. >> okay. so the mcconnell rule isn't exactly the super awesome trillion-dollar coin idea that i kind of love, but it's not half bad. the president has the power to raise the debt ceiling in order to pay for the things that congress has already agreed to pay for, and if congress wants to stop it, they need a two-thirds majority to do it. i am generally pretty wary of increases in congressional authority and decreases in overnight, but in the case of the debt ceiling, there's just no argument for it. the money has already been spent...

Trillion-dollar coin idea that i kind of love, but it's not half bad. the president has the power to raise the debt ceiling in order to pay for the things that congress has already agreed to pay for, and if congress wants to stop it, they need a two-thirds majority to do it. i am generally pretty wary of increases in congressional authority and decreases in overnight, but in the case of the debt ceiling, there's just no argument for it. the money has already been spent. congress has already spent it. it's just a matter of whether or not you pay the bills. and if all else fails, president obama...