Wednesday, March 18, 2009

Do the right thing, Governor

Pensions & Investments reported Wednesday afternoon that South Carolina Gov. Mark Sanford has requested again to use part of the federal "stimulus" money to pay down his state's public employee benefits debt.

Rather than use this one-time money to make government bigger -- and thus, more unaffordable in the future -- Kentucky Gov. Steve Beshear would be very well advised to make the same request.

Kentucky's benefits plans were $29 billion underfunded last June, before the stock market tanked.

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