Detailed text transcripts for TV channel - MSNBC - 20110127:10:54:00
New projections show the social security funds expected to run dry in 2037 if congress doesn't act beforehand. it will mark a milestone in the retirement program's horti. if you want to sound smart today, tell your friends the first person to receive a social security benefit was earnest ackerman who was paid 17 cents in january of 1937. this was a one-time lump sum payout. the only form of benefits during the social security's startup period under fdr. monthly benefits began in 1940. if you know that i'll give you $1 million in cash. enough with the real news, let's get reaction to the pres...