Who cares about public pension liability? Well, you should – after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it.
By Illinois ReviewOn Friday, the U.S. Department of Justice filed a federal lawsuit in the Northern District of Illinois against Democratic officials including Gov. JB Pritzker, Chicago Mayor...
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