The Nerve

You’d think it would be hard to miss $7 billion.

But S.C. lawmakers have been doing just that for years when it comes to a large part of the state budget known as “other funds.”

The other funds category, which makes up at least one third of the state’s approximate $20 billion total [...]

The deficit in state spending on pension funds in Maryland has swollen to $17.5 billion and shows no sign of stopping its climb to the breaking point:
Pension officials said the state’s pension funds have promised to pay out $17.5 billion more than Maryland has put aside. The State Retirement and Pension System of has about [...]