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The Last Word

GOP's exit strategy

On the third day of the federal government shut down, President Obama turns up the rhetorical heat on House Republicans, as House Speaker John Boehner signals he is prepared to raise the debt ceiling with Democratic votes in order to avoid an unprecedented and catastrophic default. MSNBC's Alex Wagner discusses with David Axelrod, former senior advisor to President Obama, and Steve Schmidt, former McCain 2008 advisor.

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