The Last Word
| January 14, 2013
What will happen if GOP holds debt ceiling as ransom?
The Treasury Department says the U.S. will hit the debt limit as early as mid-February. The delayed sequestered cuts from the 2011 debt limit deal will take effect on March 1 and government funding will run out on March 27. How will President Obama and the Republican House resolve this triple-threat? MSNBC's Lawrence O'Donnell discusses with The Washington Post's Ezra Klein.