Watchdog Podcasts: Breaking the Bank — What can we learn from Illinois’ failed pension reform efforts?

By   /  May 22, 2015  /  Accountability, Budget and Spending, California, Finances, Illinois, Issues, Pennsylvania, Pensions, Podcast, State Budgets, State Government, Watchdog Radio  /  No Comments

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In this week’s episode, hosts Eric Boehm and Steve Greenhut take a look at the recent state Supreme Court ruling in Illinois that tossed aside a legislative effort to deal with the state’s $100 billion pension debt.

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Pension reform promises $18 billion savings, but questions linger

By   /  May 20, 2015  /  Finances, Issues, News, PA Independent, Pennsylvania, Pensions, State Budgets, State Government  /  No Comments

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“If this bills gets passed, as written, and signed by the governor, someone will definitely sue over it,” predicts James McAneny, executive director of the Public Employee Retirement Commission.

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Watchdog Podcast: Breaking the Bank — Public workers are new American royalty

By   /  May 18, 2015  /  Budget and Spending, California, Issues, Pensions, Podcast, State Budgets, State Government, Watchdog Radio  /  No Comments

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In this week’s episode, hosts Eric Boehm and Steve Greenhut take a step back from the usual number-crunching and budget-busting to ask a sociological question: are America’s highly-paid public sector workers a new form of royalty?

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PA Senate advances historic pension legislation projected to save billions

By   /  May 13, 2015  /  Pensions, Watchdog Arena  /  No Comments

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Pennsylvania Senate Republicans voted in favor of a new system of financing new state employees’ retirement benefits that save $18.3 billion over 30 years.

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PA Senate, House cooking up pension bills

By   /  May 13, 2015  /  Budget and Spending, Issues, News, Pennsylvania, Pensions, State Budgets, State Government  /  No Comments

LOWERING THE CEILING: State lawmakers approved a bill to drop the state's RACP debt ceiling to $3.45 billion from $4.05 billion.

The state Senate is moving quickly this week to approve a major overhaul of Pennsylvania’s two public pension plans. The Republican-backed proposal would change benefits for future state workers and public school employees, and is set for a final vote that could come as soon as Wednesday afternoon – despite opposition from public sector unions and Democratic lawmakers.

Meanwhile, a bipartisan group in the state House is working on a separate proposal that would force lawmakers to stop kicking the can when it comes to paying off an unfunded liability that has ballooned to almost $60 billion.

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Watchdog Podcasts: Breaking the Bank — Can GOP make case for California pension reform?

By   /  May 7, 2015  /  Budget and Spending, California, Pensions, Podcast, State Budgets, State Government  /  No Comments

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In this week’s episode, hosts Eric Boehm and Steve Greenhut take a look at one way that pension reform could get accomplished in California, by getting a proposal on the election ballot in 2016.

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