A State Budget that Ignores Pension Debts is Not Responsible

From The Sacramento Bee:

Assembly Speaker John A. Pérez summoned reporters to the Capitol last week to unveil what he called a “blueprint for a responsible budget.”

Pérez stressed his intent to create a reserve against future economic downturns and while the outline included billions of dollars in additional spending, mostly on education, health and welfare services, he didn’t let that word cross his lips, instead calling it “investment.”

Photo courtesy of jglazer75, flickr

Photo courtesy of jglazer75, flickr

 

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