Detailed text transcripts for TV channel - MSNBC - 20121201:03:56:00
They want to take this and make it law for all of time. ditch spending cuts part but the rest of it is pretty much the same. the effect would be to finish off the debt ceiling forever. make it no long ear threat to the economy. the president could raise the debt ceiling and congress frankly couldn't do much about it. republicans are laughing this part of his opening bid off as a ridiculous pie in the sky proposal. mcconnell for instance who abandoned it long ago because republicanes it hated it the second he proposed it, he is totally against it now. but it is actually a great idea. one that c...
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