"After decades of mismanagement, state and local government pensions face unfunded liabilities topping $4.2 trillion.
When a major public plan finally runs dry, you can bet Congress will bail it out no matter the crippling cost.
Congressional Democrats’ Covid-relief package includes a multibillion-dollar bailout for union-affiliated private-sector multiemployer pensions.
If politicians will bail out truckers’ and coal miners’ pensions, why would they turn away teachers and firefighters?...Read all.
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