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CNNW Your Money May 22, 2011 - Vimarsana News

CNNW Your Money May 22, 2011

>> we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. >> a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it's not raised. are republicans willing to risk sending this fragile recovery that we're in into ch...

CNNW Your Money May 21, 2011 - Vimarsana News

CNNW Your Money May 21, 2011

some serious concessions from democrats. >> we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling -- both short term, medium term and long term. that's what it would take to get my vote. >> will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that it's not raised. are republicans willing to risk sending this fragile recovery that we're in into chaos to find out if they're right? >> no. but neither are de...

Detailed text transcripts for TV channel - CNN - 20110522:19:03:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110522:19:03:00

Conservatives. you lay the argument out very well. gloria is a cnn senior political analyst. 60% of americans say they oppose raising the debt ceiling. just 37% would be in favor of raising it. that would seem to bolster the republican argument that they want severe cuts in extreme for their vote to raise that credit limit. let's say the debt ceiling is not raised and the u.s. does, as will postulates possibly default on some of its payments. are the consequences as dire as secretary geithner warns? will the republicans blame republicans or democrats who wouldn't give them the cuts? what's goi...

Detailed text transcripts for TV channel - CNN - 20110521:17:03:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110521:17:03:00

>> that's not exactly what we're hearing from a lot of other conservatives. gloria gorborger is with us. 60% of americans say they oppose raising the debt ceiling, just 37% would be in favor of raising it. that would seem to bolster the republican argument that they want severe cuts in exchange for their vote to raise that credit limit. let's say the debt ceiling is not raised and the u.s. does, as will postulates, possibly default on some of its payments. are the consequences as dire as secretary geithner warns? is the public going to blame republicans who voted no or democrats who wouldn't g...