December 28, 2010
Pension Problem Looms for 2011
“While the unfunded liability, according to the states is $452 billion, it’s actually closer to $3 trillion, when you get the accounting right,” said Norcross. “Pensions are as ironclad as contracts and states are going to have to make painful tradeoffs in order to pay them out.”
Earmarks Expose Self-Serving Politicians, Distract Us from Bigger Problems
Veronique de Rugy