Like robbing Peter, paying Paul and looking for Mary

Like ugly, entrenched weeds overtaking plush gardens, Kentucky’s $34 billion unfunded public pension liability now dominates all budget decisions – not only in Frankfort but  in Kentucky’s 418 cities.

State political leaders have made it clear they are willing to sacrifice human capital before allowing the fiscal realities of the commonwealth’s pension debt to crowd out costly pet projects – or their own opulent retirement benefits.

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