Detailed text transcripts for TV channel - CNN - 20100506:11:21:00
But it's budget deficit is 13.6 of the size of its economy, that is too big to be sustainable. that's why all of these people are being asked to take huge cuts in benefits and public of thes as part of a $146 billion bailout to try to sustain this country so it doesn't literally go bankrupt. among the things that we're talking about here are cuts to pepgs, as you pointed out. we're talking about major tax hikes. we're talking about aggressive tax collection among other things. among other things, this austerity plan incredibly popular, three people killed in a bank yesterday in athens. this is...