Detailed text transcripts for TV channel - FOXNEWS - 20110225:14:06:00
Obliged to guarantee because california can't afford it. now, th-gs not the law. this is a recommendation. and governor brown can accept it or turn it down, or ignore it completely. but the fact that it's happening in california, the fact that its bipartisan, that this is an end to the guaranteed pension system which we now have in place virtually across the country, that's a very big deal. martha: yeah, well, this is an incredible reality that is coming home to roost. you look at states in the different years that they say their pension abilities cover will run out, stuart, it's a big story, ...
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