By Kyla Asbury, includes “… Norcross said that while the nature of the current crisis is unprecedented because its nature is unique, crises are regular and each state needs to be better prepared to deal with those crises. Norcross said no one knows how things are going to play out pertaining to unfunded liabilities. ‘I don't know if it's mathematically possible for states like Illinois and New Jersey to pay what is owed,’ Norcross said. …”
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