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Pence: Debt fight can't come down to nickels, dimes

What does the GOP need to agree to raising the debt ceiling? Rep. Mike Pence, R-Ind., joins Morning Joe to discuss this issue, and why he voted against raising the debt ceiling on Tuesday. Pence says: "Americans are tired of this era of runaway federal spending in Washington." Pence also discusses the 2012 GOP field and running for governor of Indiana.