Detailed text transcripts for TV channel - MSNBC - 20130522:09:47:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20130522:09:47:00

>> frankly, i am offended by the tone and tenor of this hearing. i am offended by a $4 trillion government bullying, beraiding and badgering one of america's greatest success stories. if anyone should be on trial here, it should be congress. i frankly think the committee should apologize to apple. >> i think they basically payed $15 million to $17 million in taxes in the u.s. a day anyway. and for more on that hearing and the rest of the business headlines, let's go to jeff cutmore live for us in london with the word on the street. hi, jeff. >> hey, brian. good morning to you. we know what this story is about, don't we? it's about money is tight. and it's definitely tight at federal government level. that's put the focus back on the tax story here. apple has about $145 billion of cash but $102 billion of that sat offshore according to the senators. tim cook at apple said, you know what? we paid all we owed. so we'll see where the story

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