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CNN EarlyStart October 4, 2013 08:07:00

i do too. reporter: at a campaign style event in maryland. hello, everybody. reporter: president obama pulled a bit of an ace out of his sleeve sounding the alarm for a key voting block seniors. in a government shutdown, social security checks still go out on time. in an economic shutdown, if we don t raise the debt ceiling, they don t go out on time. reporter: he, again, pressured house speaker john boehner to fund the government and drop obama care concessions. call a vote. put it on the floor. and let every individual member of congress make up their own minds. they can show the american people, are you for a shutdown or not? reporter: a shooting on capitol hill brought into the chaos in washington. the two fellow officers injured are working without pay because of the shutdown. brianna keilar, cnn, washington. the shutdown not just ....

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CNN CNN Newsroom October 4, 2013 13:09:00

Can t we, i think, i know we don t want to be here, but we re gonna win this i think. reporter: at a campaign stop in maryland, president obama pulled an ace out of his sleeve sounding an alarm for a key voting block, seniors. in a government shutdown social security checks go out on time. reporter: he explains why default is worse than an economic shutdown. if an economic shutdown if they don t raise the debt ceiling they don t go out on time. reporter: he pressured john boehner to drop obama care concessions. call the vote. put it on the floor and let every individual member of congress make up their own minds. and they can show the american people, are you for a shutto do or not. reporter: in an exclusive interview with dana bash, harry reid revealed he and boehner originally struck a deal that included spending cuts. he promised you in a private meeting that he would pass a ....

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Detailed text transcripts for TV channel - MSNBC - 20131003:16:00:00

Day three of the government shutdown. in a speech this morning president obama called out the man who could end it all. it s thursday october 3rd and this is now. i m joy reid in for alex wagner. there was no budge from the president and last night s hour long meeting with white house and senate leaders and no movement from the one man able to put a stop to the madness, speaker boehner. president obama clearly knows that. this morning in maryland, he reiterated that he s happy to negotiate with republicans over anything, but only after john boehner and his caucus let the government reopen and raise the country s debt ceiling. in other words, mr. speaker, release the hostages and then we ll talk. i want everybody to understand this. there are enough republicans and ....

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Detailed text transcripts for TV channel - MSNBC - 20131003:16:34:00

Of hitting the debt ceiling are catastrophic. the problem is nobody knows just how catastrophic because it s never happened before. we re totally in the realm of economic and financial theory. nobody has any idea what would happen. everybody agrees very bad or very, very bad or very, very, very bad. in the very, very category, that s where you are. how many veries. multiple, before the bad like my friend eamon just said. if you think about anyone who lends money not just to the united states but across the globe will insist upon if the united states defaults, there s something called a risk premium. that means you don t lend money to someone at a low interest rate if you re worried that person can t pay you back. so if we even threaten to default, you re going to see the risk premium, interest rates on what we have to pay for our borrowing go up. right now we have a stock of debt in this country held by the public that s $12 trillion. lets say the interest rate on ....

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CNN CNN Newsroom October 3, 2013 17:35:00

There s a strong disagreement. the president was very outspoken, as difficult as the current stand-off as far as the government is concerned right now it could get a whole lot worse in two weeks. listen to what the president said earlier today. as reckless as a government shutdown is, as many people as being as are being hurt by a government shutdown, an economic shutdown that results from default would be dramatically worse. in a government shutdown social security checks still go out on time. in an economic shutdown, if we don t raise the debt ceiling they don t go out on time. are you willing to vote in favor of raising the debt ceiling? i have done that in the past. but i m not going to sit by and let the president of the united states threaten to use our senior citizens as pawns. he s using memorials as pawns ....

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