AOL.com Video - DC Medallion Bill to Put Taxi Drivers Out of Business

VIDEO:People

DC Medallion Bill to Put Taxi Drivers Out of Business

Description:Washington, D.C. is considering a bill that would require every cab driver in the city to own a special permit called a medallion. The total number of medallions would be capped at 4,000, which would reduce the current number of cabs by more than one-third and put thousands of drivers out of business. (6:16)

Source: ReasonTV

Tags: Medallion Bill to Put Taxi Drivers Out of Business , cab driver permit , How the Medallion Bill will affect Taxis , medallion Taxi permit