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Transcripts for MSNBC Katy Tur Reports 20210923 18:37:00

default, if that were to happen, would have major economic implications for the country. it would shatter the credit rating and result in a lot of harm across the board. president biden obviously doesn t want that. a government shutdown, we ve seen a number of those in the last few years, obviously. they re not you know, they re not good for the country, they re not good for the people who end up getting furloughed, but in the end they become just one more political tool in the battle between these parties over issues like spending and taxes, rather than an outlier, they ve become a routine quiver in the arrow, a remarkable sign of dysfunction of a country that can t handle basic things like paying its bills. we ve seen a government shut down before, but we ve never seen it in a pandemic. the question is how it would affect us this time around, that s one of the biggest issues. people have been living paycheck to paycheck. you think about the extended unemployment insurance, this i

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