Phil Moffett calls for redirecting spending from 'inefficient' education and health programs to fund pensions
06/11/2012 08:14 AM
Kentucky’s first step to sound financial footing should be to redirect a substantial part of spending currently tagged for education, health and social programs to pay into the public employee pension system before it takes the state under, Phil Moffett said. The tea party activist and prospective Republican candidate for governor in 2015 said the unfunded liability in the pension program represents the biggest threat to Kentucky. “We spend about $9 billion a year, and we spend a lot of... Read more
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