Stockton, CA – This city may be the first in California to declare bankruptcy. The city, in spite of cutting police, fire, and anything else it could think of, is still running in the red, and cannot make its bills. Why? Pensions and benefits for retirees have literally taken over the budget to the point [...]
Tag: "Matt Edelstein"
By Liz Harrison (twitter: @GoldwaterGal) on Jun 26, 2012 in A Broken System, Featured Posts, Public Sector Unions