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Detailed text transcripts for TV channel - MSNBC - 20120331:16:40:00

stop/loss. stop/loss was john kerry s idea, where the government picks up 75% of all the cost of catastrophic care above, say, $50,000 a year. maybe that would make the insurance companies profitable again, even though they d have to take people with pre-existing conditions. something like that. it looks like we re going to be speculating on this till june. goodness knows we won t likely hear anything about it week this. for sure. gentlemen, thank you so much. president obama says world oil supplies are large enough to increase the pressure on iran. the sanctions will begin june 28th. the u.s. and its allies believe that iran is trying to build a nuclear bomb, which iran denies. relief for the 1,000 passengers on board a stranded cruise ship. a fire in the engine room disabled the cruise ship just south of the philippines.

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