Social Moderate, Fiscal Conservative
A collection of interesting articles and discussion from around the Internet
Wednesday, June 22, 2011
Public Pensions not fully funded
States have been warned that there is a $2 trillion short fall for public sector pensions.
To Fully fund these pensions
state and local government will need to raise taxes $1400 per person per year for the next 30 years.
Any politician that tries to reform the system faces
a harsh backlash from unions, in the form of organization and campaign contributions.
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