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Joe: Terror alert for debt ceiling 'has just gone to red'

Joe Scarborough, on news that direct spending will only be reduced by $350 million not $38 billion:Last night, John Boehner was getting absolutely pummeled by t

Joe Scarborough, on news that direct spending will only be reduced by $350 million not $38 billion:

Last night, John Boehner was getting absolutely pummeled by the National Review for this budget deal…a lot of the small government conservatives have said this is strike one. I'm telling you, people in Washington and financial people need to understand how serious last night was. This moves us much closer to the brink on not increasing the debt limit. If you are on a terror alert system for the debt ceiling, it has just gone to red.Now the freshman don't trust John Boehner and the leadership, and Barack Obama is not trusted by progressives.

Watch video of the discussion.