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Detailed text transcripts for TV channel - MSNBC - 20110511:13:29:00

Who is keeping the penny alive? big zinc and big lincoln. the penny is made out of zinc. once we get rid of it we ll have a nickel problem and that costs almost 10 cents to make and we do need the nickel. these things get complicated. all right. our last topic is the taxpayer receipt idea. tell us about that. so when you go to the grocery store or eye kia, you get a receipt and pay money and got told what you got. it would be trivial to do this. they can send by e-mail a receipt showing how much you gave them went to where. how much to medicare and social security and interesting on the national debt and this is a very commonsense idea. clearly it would be good for americans to know where their money is going and as the implication of that if we want to cut the deficit where you need to cut. so the obama administration took a good step forward. there s an online website where you can put how much taxes you

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