Detailed text transcripts for TV channel - MSNBC - 20110419:00:04:00
The s&p isn't even considering that congressional republicans would actually push the u.s. economy off a cliff by not raising the debt limit when necessary. the s&p report took aim simply at the intractability of our politics as the reason why the united states is more likely to become a credit risk. u.s. policymakers have still not agreed on a strategy to reverse recent fiscal deterioration or address long-term fiscal pressures. we see the path to agreement as challenging because the gap between the parties remains wide. the s&p cited rising costs of entitlements like medicare, but it also po...
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