Detailed text transcripts for TV channel - MSNBC - 20121206:02:26:00
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...
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