Swiss consider welfare overhaul with guaranteed income

Swiss consider welfare overhaul with guaranteed income More

In Switzerland, an idea to guarantee every citizen a yearly income of 30,000 Swiss Francs, regardless of other wealth or employment, has gained enough supporters to trigger a referendum. Economics correspondent Paul Solman reports that the idea is gaining some traction across party lines in the United States, too, but views differ on if and how a guaranteed minimum income would work.

AIR DATE 4/7/14