Gov. Pat Quinn launched Illinois' epic attempt to bail itself out of a $100 billion public employee pension debt Thursday, signing into law an ambitious financial, legal and political effort to restore the state's tumbling credit ratings and unstable economy.
In the first strike by Los Angeles County employees since 2000, more than 1,000 social workers took to the picket lines Thursday in a major escalation of a labor dispute over salary increases and caseloads.
Stockton, along with pretty much every other city in California that has gone into bankruptcy in recent years, has not done is address the skyrocketing public pensions that are at the heart of many of these cases.
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