Detailed text transcripts for TV channel - MSNBC - 20140701:

Detailed text transcripts for TV channel - MSNBC - 20140701:02:11:00

however, only about 51% or 52% of employees work for closely held companies because it's the big ones that are publicly traded. i would also note, though, while the court didn't say that publicly traded companies also have this religious freedom right, they suggested it in their reasoning. i don't actually think there's a reason, based on what the court said today, to think that all companies are not persons under the religious freedom restoration act. >> there is a phrase, the term "closely held company" is used by the irs. and if they reach over for that definition, they will find that it has five stockholders or less, which is what hobby lobby is, about five stockholders. and so they may reach over and use that. but it also, for practical purposes, emily, it strikes me that contraception coverage is a low-dollar item, if you're trying to figure out how much it costs, within the totality of a health insurance package.

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