By Mark Tapscott, includes “… The hardest-hit states—especially solidly Democratic Illinois, California, New Jersey, and New York—have heavily unionized workforces with generous but severely under-funded retirement programs. … If bailout funds are included in a final compromise, there should be conditions attached to the money to force state and local officials to reform their finances, according to Truth in Accounting President Sheila Weinberg. …"
Read the full article on: The Epoch Times