>> measuring keeps calling deeper into debt. if you don't keep falling soon you'll have to get one of these drastic cuts and all of america will be like prichert, alabama. >> this woman's angry because her husband worked for the city of prichert, alabama for 23 years and held up his end of the bargain, but the city hasn't sent him a pension check for more than a year and the city council says we don't have the money. in 2003, an accountant warned the town, you will run out of money by 2009. the politicians then did nothing. and as they admit today-- >> never changed. >> john: right on schedule in 2009 the town went broke and the politicians declared bankruptcy and stopped sending pension checks to retired city