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Detailed text transcripts for TV channel - MSNBC - 20110615:17:27:00

government investigators say that 6.5 billion dollars of social security overpayments were made in 2009. most of the money was wrongly distributed to a program intended for the poor. a victory for wisconsin governor scott walker. the controversial union law goes into effect today stripping most public workers of their collective bargaining rights. the state supreme court ruled that a judge who voided the law was acting outside of her authority. no budget, no paycheck. california lawmakers are expected to approve a $6.9 million budget plan without any republican votes. lawmakers will not get paid until they come to an agreement. what s hoping up a budget deal here in washington? we ll talk to bar knee frank, a top democrat on the house financial services committee.

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