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 ReviewIllinois Gov. JB Pritzker testified Wednesday before the U.S. House Oversight and Government Reform Committee alongside fellow sanctuary city governors – occasionally appearing visibly stunned and...
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