Detailed text transcripts for TV channel - MSNBC - 20131015:04:06:00
Got to the technical debt ceiling, and they thought they had taken care of it, they thought they averted the crisis. but in getting so close, in getting within a day of the deadline, they actually got too close, and treasury bonds that were due to be paid off on april 26th and on may 3rd and on may 10th, all of the bonds that came due on those days didn't get paid back on time. sorry, glitch. we got too close. system overwhelmed. software couldn't handle it. we apparently didn't know how to use those newfangled computing machines at the time, and the treasury was unable to make all of the paym...