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Has the GOP overplayed its hand on ceiling?

Top Talkers: The Morning Joe panel – including New York Magazine’s John Heilemann and financier Steven Rattner – discuss the potential for Moody’s and Standard and Poor’s to downgrade the U.S.’s Aaa rating if a debt ceiling deal is not reached. The panel also discusses the rapidly-intensifying debt talks and Sen. Mitch McConnell’s comments about the president.