standard & poor's that says even
if we raise the debt kreeling if
we do not get at our deficit, we
could see our aaa credit rating
reduced to aa credit rating.
so there's pressure to both do
something, raise the debt
kreeling so we don't default and
cut our spending so that we can
be on fiscal financial firm
footing.
>> with that kind of tough talk
and that kind of hard stance,
where does that leave the
democrats?
>> mike lee is still talking
about cut, cap and balance and
is probably the single most
radical piece of legislation
that i've seen in my lifetime.
i think john boehner if he had
his way would make a deal of
some kind to raise the debt
kreeling.
he's talking to wall street.
he can't educate those
republican freshmen.
they will just not be educated
about this.