Detailed text transcripts for TV channel - MSNBC - 20110411:13:03:00
If you thought it was bad last week with $38 billion in cuts, when you're talking about the good faith of the u.s. government sand its ability to borrow and what the impact would be on world markets and how you and i and everybody else gets credit here at home, the enormous consequences are beginning to weigh on people. and the government really has until mid-may to resolve this. and treasury secretary tim geithner says he might be able to move some money around to extend that until july. so it is a pressing deadline for how the government can extend its amount of debt. and to do that, republi...