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Detailed text transcripts for TV channel - MSNBC - 20131207:20:18:00

I m not asking for a handout. now other ailing communities are looking inward and hoping they don t meet the same ends. cook county, illinois, which includes the city of chicago, is the second largest county in the country. it s also in danger of following detroit s lead, many say. moody s downgraded cook county s credit rating in august partly because of unfunded pension liabilities that are 382% more than the county s net revenues. are chicago area workers in the same dangers as those in detroit? bru bridget gainer is from chicago. let s start there. what steps are you guys taking to make sure your county does not become the next detroit? craig, first of all, thanks for having me on. two quick points about why chicago and cook county are in a different place than detroit. ....

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Detailed text transcripts for TV channel - MSNBC - 20131207:20:23:00

Of governance. we can t go back to 08 and change the past but we can change the future. and so the balance has to be that if people are already retired, you need to be fair. you cannot make draconian cuts. their ability to work and make up for that income is limited. what we have to focus on is how we re going to ensure that we re not having this conversation in another ten years. bridget gainer, thank you so much. hope you come back. thanks. i would love to. speaking of detroit, check this out. the ford mustang got quite the facelift there. the latest version of the iconic sports car was unveiled in deerborn, michigan. try to fit that under the christmas tree. you re watching msnbc. [ female announcer ] ladies and gentlemen i m here to say a few words ....

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