Detailed text transcripts for TV channel - MSNBC - 20110406:10:45:00
Fiancer. responsible for the new york budget in 1975. he said he doesn't think the kind of collaborative let's get around the table deal that was cut in new york city in '75 could be done today. there's too much anger and people are too polarized. >> jillian, didn't that happen after new york city defaulted and went bankrupt. when you do that, then you get the deal and we haven't hit the edge of the cliff yet. >> it comes back to the key question, is there going to be action without a full-blown crisis. right now, it doesn't look like there's going to be. i'd like to think that's wrong but pro...
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