Our Views: ; Taxpayers Don't Much Like Bailouts; Changes in Public Pension Plans Should Be Part of Any 'Solution'

Summary


IN the past, typical West Virginia political behavior was to court such dependable voters as teachers, police officers and firefighters no matter what the cost to taxpayers at large.

Such vote-buying efforts explain how the Teachers Retirement System acquired a $3 billion unfunded liability that weakened the state's financial credibility.

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Our Views: ; Taxpayers Don't Much Like Bailouts; Changes in Public Pension Plans Should Be Part of Any 'Solution'

And why legislators past crippled municipalities by imposing upon them police and fire pensio...

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