Detailed text transcripts for TV channel - MSNBC - 20140715:03:40:00
1970s when the studebaker auto company went bankrupt and left workers without the pensions. the federal government said we better insure them but we have to make them -- we have done pretty well over the rules on this, except the thing they're talking about doing now, we dead it in to the 2012 highway bell. so we have already let corporations underfund pensions through 2014. this is extending the period through 2017 in order to pick up more revenue. >> the most perfect little window into what it takes to get the basic mechanisms of any kind of governance happening in washington. there's this i...
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