Cut, Slice, Slash, It’s Time.
Daily Journal (Opinion)Feb 14, 2011States and other municipalities are going bankrupt. This country is self-destructing. We are simply ignoring the klaxon. But, lets examine this.
Governors and mayors facing large deficits have set their sights on a relatively new target — the soaring expense of health benefits for millions of retired state and local workers.
As they contend with growing budget deficits and higher pension costs, some mayors are complaining that their outlays for retiree health benefits are rising by 20 percent a year — a result of the wave of retirements of baby boomers and longer life expectancies on top of the double-digit rate of health care inflation.
Who is raising the costs of healthcare? Maybe we should