New Jersey Gov. Jon Corzine met significant resistance from fellow Democrats in his state's legislature over his plan to allow municipalities to underfund their pension plans and spend the money elsewhere.
Kentucky's House of Representatives could vote on a similar bill this week.
Corzine is reportedly working up an offer his legislature can't refuse. It's a shame Kentucky seems to be headed for a spending catastrophe our legislature can't understand.
Monday, February 9, 2009
Scam too big for New Jersey coming our way
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1 comment:
Are Kentucky's Representatives really this crazy? If they allow those pensions plans to be underfunded while spending the money somewhere else they are only digging us deeper in debt.
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