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Their private sector counterparts. so we have to be very careful when we're dealing with overall compensation. jenna: i was looking to see the last time we looked at federal workers' pensions and it was in 2000, where there was an increase in the federal pension programs by 1.5% or so, so you're saying for any of the federal workers now, you don't want to touch that, but any future employee, you'd be open to renegotiating how much they contribute to their pension? >> i think we should take a fresh look at overought federal employee compensation. there may be some areas where you actually want ...

The dna raise and normal blood transmorphs into tiger blood and results in -- >> winning, winning, winning. winning, winning. >> possibly herpes. >> so you can see it all turned perfectly fine. there's no -- >> hi no idea could you transmit tiger blood. "chicago tribune," teachers retirement system, largest and costliest of the pension programs is now almost $40 billion short of what's needed to cover future benefits. it is the deepest financial hole in 20 years of state records. >> "wall street journal," new jersey judge issued a report saying governor chris christie's school funding cuts las...

Us back in special session any time. and the special session that we were in has just been temporarily recessed. >> when you come back, what happens? >> well, we'll go back to fight the biannual budget which the governor introduced. he has decided to cut public education, and he has furthermore taken the lifeblood out of aides to local units of government. the process that is subject to review and we're going to be out there fighting to preserve the wisconsin way. >> you've got a budget deficit you got to fix there. where would you cut? >> well, the budget deficit is made up in large part by r...

Occurred in the private sector. >>neil: they say your successor went a step further and these are union busting techniques and strategies going beyond just bringing in the benefits and some of the perks to killing off their jobs. what do you say? >>guest: well, first of all, you need to understand that the changes must come about because if someone everyone to negotiate they would not negotiate reductions. the unions would not have support to negotiate reductions so what would they negotiate? they would refuse to change anything which means present law, the present contracts, would stay in pla...

Pensions are out in the public and the public sector pensions are in the dark. just this morning you saw governor christie was, i think on fox news and i saw where he said there is $54 billion just in new jersey and unfunded liabilities this, is a major problem. the federal government is not necessarily their role, but it's important for to us get all of the numbers out so we know the size of the problem. >> shannon: that is one of the issues is that you don't know how bad the problem s so you want to push for different accounting and so you can deal with the problem know what you're dealing w...