Sen. Sherrod Brown: Congress should take a pay-cut, receive pensions at 66

The Taxpayers Protection Alliance, a non-partisan group, sent a letter to lawmakers urging them to cut their "extravagant salaries" of $174 thousand a year by 10 percent, saying the move would save taxpayers $100 million dollars over ten years.

Senator Sherrod Brown (D-OH) supports the proposal and also introduced a bill to Congress in April proposing that members of Congress wait until age 66 to receive their pension. Currently, members of Congress can receive their pensions at age 50. Sen. Brown talks to American Morning about a potential pay-cut for Congress and delaying the age they can receive pensions.