Unfunded government pensions are driving municipalities across the country into bankruptcy — from Detroit, Michigan (the largest municipal bankruptcy ever) to Vallejo, California. Despite the need for states and municipalities to have contributed large annual payments to their pension funds over many years, as a group they failed to do so. When coupled with overly […]
Gregory A. Stein
Gregory A. Stein is the chairman of the board of the San Diego County Taxpayers Association.