Sweeney wants federal loan program to rescue public worker pensions
Senate President Steve Sweeney. file photo by Art Gallagher
TRENTON — State Senate President Stephen Sweeney said Wednesday the answer to New Jersey’s rising public employee pension debt lies in creating a trillion dollar federal loan program that will help states avoid insolvency, spare millions of government workers from economic devastation and take the pressure off state budgets. The government aid program — which Sweeney… Read the rest of this entry »
Posted: July 30th, 2015 | Author: admin | Filed under: 2017 NJ Gubernatorial Politics, New Jersey, New Jersey State Budget, News, Pensions, Stephen Sweeney | Tags: 2017 Gubernatorial race, Federal Loan Program, NJ Pension Crisis, Senate President Steve Sweeney, Steve Sweeney | 3 Comments »