Detailed text transcripts for TV channel - MSNBC - 20130810:20:42:00
Before our segment here. the new york state teachers if you said, theyre unionized. that is funded at 90%. the city fund is funded at 60%. so you have one fund quite healthy in term of the assets to meet their liabilities and another fund that needs help. there is no getting away from the fact that lots of cities, lots of unions, lots of pensioners are going to have to get in there and figure out ways to make this equation work better. and in fact, 43 states have done precisely. that i think thi...
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