Detailed text transcripts for TV channel - CNN - 20100424:14:42:00
All the teachers' jobs. is that one way to go right now? bailout for schools? >> it's a way to go. it's not going to solve the problem. the problem is that teachers salary, going up at a tlat is higher than the revenue that's used to pay them. meaning property taxes are used to pay the teachers' salaries. when there are no more property taxes, there's no more money. so the teachers and their representatives, the unions, could help out a lot here. they could say, we will stop asking for increases when you cannot afford them, because when we get a 3% increase and you don't have a 3% increase in ...
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