It's all going to cover unfunded liabilities from massive payouts to public unions in the dot-com boom/bust of the 90's.
They assumed 8.5% returns, and got 2%. Now they're billions in the hole and every supposed infrastructure plan just tries to fill the hole -- they recently passed like a 50 cent gas tax said to "improve roads", but it's just going to union pension funds.
It's all going to cover unfunded liabilities from massive payouts to public unions in the dot-com boom/bust of the 90's.
They assumed 8.5% returns, and got 2%. Now they're billions in the hole and every supposed infrastructure plan just tries to fill the hole -- they recently passed like a 50 cent gas tax said to "improve roads", but it's just going to union pension funds.