States Plagued by Fiscal Problems, Pension Payments

Aired: 7/17/2012 | 0:11:13 | Clip
Grim findings from a task force come amid further setbacks to the nation's economic health. Jeffrey Brown discusses eroding revenues, state budget cuts and steep pension obligations with former New York Lt. Gov. Richard Ravitch, the report's co-chair, and Susan Urahn of the Pew Center on the States.