Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

Keyword: statesenatedems

Brevity: Headers | « Text »
  • Senate Dems offer $9 billion borrowing plan for pensions relief(Pennsylvania)

    03/12/2014 2:12:21 PM PDT · by mdittmar · 10 replies
    witf ^ | Mar 12, 2014 | Mary Wilson, Capitol Bureau Chief
    State Senate Democrats say borrowing nine billion dollars is the best way to address the state's rising public pension debt. It's a shift from a caucus that has previously supported a wait-and-see approach with the 2010 law that reset scheduled payments into the pension systems. Those payments are set to increase by hundreds of millions of dollars over the next several years, eating up precious funding for other government programs, only to decrease again in 20 to 30 years. Now they Senate Democrats say a $9 billion bond could refinance some of the pension debt. Sen. John Blake (D-Lackawanna) said...