Detailed text transcripts for TV channel - MSNBC - 20131004:22:31:00
The first of october, and we've had disagreements about the funding of various programs including obama care. the problem is we have increased our deficit spending the first year of the obama administration, they spent $1.5 trillion more than we took in. we're now within the next two weeks to raise the debt limit from $17 trillion to $18 trillion. and with that possibility of default, you have funding for this year, you have parts of obama care we'd like to see altered, and then you have the long-term indebtedness all colliding at this cross roads. >> but you've got the deficit falling at a gr...