Detailed text transcripts for TV channel - FOXNEWS - 20140712:15:25:00
>> i don't think it is politically feasible to get rid of the pgc. we have to be a safety net or entitlement. getting rid of it gets rid of a safety net when what we want is keep the safety net, not make it entitlement. >> john, keep the safety net? go ahead. >> i don't see why we are on the hook for company errors. that's the problem, it made us into a safety net society, keep propping up failures of others. >> michael? >> if you allow them to charge the proper rate, you won't have to bail it out. that's the point. keeping the rate low, it isn't able to cover its liabilities. >> i agree with ...
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