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taxes by 67%. but some of the states are in a dire space. if you provide a mechanism for state bankruptcy. we do this with municipalities. if you provide them the mechanism for bankruptcy if they need to, it gives them way to negotiate there are things that the state constitution could permit, likely decided by the court. it allows the states to sit down across the table from the big public employee unions and say look, we have no choice here. we now have to redo this. you have to be at the table and be willing to make concessions. >> bret: mara, there is no atmosphere as you talk about for any bail-out in washington. you think that this delaying mechanism actually is going to fly? >> well, it might. it will depend on what republicans hear from their states. from states who feel like this kind of relief, it's small,

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