Detailed text transcripts for TV channel - MSNBC - 20120607:08:00:00
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Significant cuts or you might also, nonetheless, be at risk of a downgrade, too. so there's sort of two threats out there, hanging over congress's head. a deal potentially that shows some sort of significant progress on deficit cutting. >> if you look down the road. i press the question. do we look like greece? >> look, i have to tell you, if you talk to people in congress right now, they're not overwhelmingly concerned about this and that they believe that some sort of deal will show some sort of progress and that they will avoid a debt downgrade. at least for the near term. down the road, th...