Detailed text transcripts for TV channel - MSNBC - 20130221:05:41:00
Legal caps in the law that says government agencies cannot spend over a set amount of money. and if they breach that amount, across-the-board sequester comes in to cut that spending and you can't turn that off without a super majority vote. we got that in law. >> we got that in law. we've been fighting for that. fast forward to now and paul ryan is thinking the opposite. now he is saying he doesn't like the idea. and it's the president's problem, the president's own making. >> it's the president who first proposed the sequester. >> everybody hates this upcoming made-up crisis, which is good, b...