Pension Deal Fails Endangering Budget

Pension Deal Fails Endangering Budget
Ego-driven irresponsibility

Pension Deal Fails — has reported that a pension reform plan that was integral part of a deal for Pennsylvania to finally pass a budget Gov. Wolf would be willing to sign has failed.

The vote in the Pennsylvania House was 149-52 against. The Senate was demanding the reform to agree to significant tax hikes sought by Wolf.

The state’s pension system is horribly underfunded and the  reform sought — moving FUTURE  state government and school employees into a pension system that combined a down-sized guaranteed benefit plan with a 401(k)-style plan — was extremely mild but still a necessary step in the right direction.

The legislature passed a budget in June which was vetoed by Wolf. Wolf also vetoed a stopgap budget in September. The man is an epitome of ego-driven irresponsibility.

Pension Deal Fails Endangering Budget

One thought on “Pension Deal Fails Endangering Budget”

  1. Well now ,we know he’s in bed with the unions, but we’re also now talking about his pension too.

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