Just think of all the Californicatia cities and government pension plans that have IOU's. Same with Other big time liberal states and cities.
I don;t think you will find many in Solidly RED states or cities....
Spending without any restraint on feel good nonsense and kicking the can down the road to score political points with the libtard voters does not obligate ME, or the oters from MY STATE to bail out the dipshit voters from those financially crumbling cesspools of libtardality.
MY HUNCH is this is all about BLUE BOO-HOO youshould feel bad for us pension bagholders, trying to get the rest of us to bail out their free spending and it is not going to change their habits or ways one iota..
Let the plans be taken care of by the people who made them that way!