Here's a 5 beer thought:
Allow CA to issue bonds backed by state employee pension funds. Don't know if the fund values would cover their deficits, but guaranteed they'd be pinching pennies to make good on them. Probably should throw in mandatory $250k contributions by all legislators for good measure...
Better their money than mine, as I see it.
Allow CA to issue bonds backed by state employee pension funds. Don't know if the fund values would cover their deficits, but guaranteed they'd be pinching pennies to make good on them. Probably should throw in mandatory $250k contributions by all legislators for good measure...
Better their money than mine, as I see it.