California’s Voters Just Approved $5.0 Billion in New Taxes Per Year

AUDIO:  If public pension funds were subject to the ERISA rules that govern private pension systems, last year’s total payments into these funds would have been $37 billion short of what is necessary to keep them solvent in the long run – 8 minutes on KABC 740 Los Angeles – Edward Ring on the Doug McIntyre Show.

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