Big Tobacco Aims to Kill Proposition 29

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Proposition 29 on the June ballot would raise taxes on cigarettes by a dollar a pack. That alone would decrease smoking, and the money would go to cancer research and anti-smoking campaigns. When smoking's a leading cause of cancer and other deadly diseases, why is at least one doctor appearing in TV ads against it? With the cigarette industry outspending supporters 10 to one, what are its chances? Also, will the big push for electric vehicles lead to a backlash against plug-in cars? On our rebroadcast of today's To the Point, American banks are bigger than ever.  Are they too big to fail?

Banner image by Tomasz Sienicki