Relevant:
- U.S. Gov's Budget Deficit Overshoots by 100%; Trillion-Dollar Deficits Expected Indefinitely
- Budget deficit moves closer to $1 trillion mark
- US pension insurer runs record $34B deficit
- Portugal raids pension funds to meet deficit targets
- U.S. Local Governments Cut Payrolls to Lowest Level Since 2006
2010-07-16 — blogspot.com
"In a foolish attempt to postpone doing anything serious about budget deficits, states have resorted to various can-kicking procedures to delay the inevitable (and much needed) firing of government bureaucrats and reducing public union salaries and pension benefits."
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