Detailed text transcripts for TV channel - CNN - 20110412:00:04:00
Or 16 is the date that we'll nate limit. how are the sides positioning themselves right now. >> reporter: oh, boy, the fact of the matter is this did look like, really, kiddie stuff with what we saw last week and it really tied the city in knots and capitol knots compared to what we will see. you are right may 15th, the 16th is the date that the u.s. treasury secretary said that the u.s. will hit its limits. eliot, you know this, always a very tough fight for politicians -- vote, i should say, for politicians to take to say, you know, what we're up against our debt limit and we want to raise i...