GOP Study Warns Against Federal Bailout of State Pensions

State and local governments facing pension liabilities that already total in the trillions of dollars will be forced to seek bailouts from the U.S. government, Republican Party Congressional staffers said in a study, as they warned that such bailouts could have dire consequences.
September 27, 2012

State and local governments facing pension liabilities that already total in the trillions of dollars will be forced to seek bailouts from the U.S. government, Republican Party Congressional staffers said in a study, as they warned that such bailouts could have dire consequences.

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