Page 2 - Pension Problem News Today

Many say his spending record looks more progressive like expanding medical. over the last decade major companies announced plans to leave the state with lower corporate taxes. toyota, carls jr., and more are leaving. most are headed to texas, advisory, nevada, or oregon where taxes and home prices are a lot lower. >> thank you. steve: a lot ofple blame you for this pension problem. you said it was 400 you signed in 1999 that handed out these nice pension arrangements. do you feel responsibility ...

Many say his spending record looks more progressive like expanding medical. over the last decade major companies announced plans to leave theta with lower corporate taxes. toyota, carls jr., and more are leaving. most are headed to texas, advisory, nevada, or oregon where taxes and home prices are a lot lower. >> thank you. steve: a lot of people blame you for this pension problem. you said it was 400 you signed in 1999 that handed out these nice pension arrangements. do you feel responsibility ...

Showed up on election day and it worked out well and went my way. >> it certainly did. your point was very powerful in your state. you voted for him yourself in the attack but you ended up attacking him. what changed? why could you no longer support him? >> it seems as the pension issue came forward and then funding for excuse and other services, that he was not necessarily listening to his constituents back home and doing what we were asking him to do. >> so what is your solution to the pension...

I got new employees, i capped retirement for new employees. instead of getting 100% at 55, they got 5% at 65. thats since been changed. im tough enough and resourceful enough to work with our employees to address a growing pension problem. i wasnt afraid to take on the tough issues if you recall. almost everybody said we werent going to make it, and we did. >> could you look at service employees international union, the big player, or the california teachers association in the eye and say, young...

Jersey is that what weve done so far is not come close to closing the gaps quickly enough. >> joining me now, executive director of the new jersey working families alliance. all right. is this just a complete and total 180 flip-flop, doing exactly the thing he said he wouldnt do? am i wrong in thinking that? >> i think bottom laine, the gr has continuously walked the state into this idea of he is the fiscally responsible candidate. he was a fiscally responsible governor. and the reality is that ...

So far is not come close to closing the gaps quickly enough. >> joining me now, executive director of the new jersey working families alliance. all right. is this just a complete and total 180 flip-flop, doing exactly the thing he said he wouldnt do? am i wrong in thinking that? >> i think bottom line, the grn has continuously walked the state into this idea of he is the fiscally responsible candidate. he was a fiscally responsible governor. and the reality is that he has continuously decided to...

Closing the gaps quickly enough. >> joining me now, executive director of the new jersey working families alliance. all right. is this just a complete and total 180 flip-flop, doing exactly the thing he said he wouldnt do? am i wrong in thinking that? >> i think bottom line, the grn has continuously walked the state into this idea of he is the fiscally responsible candidate. he was a fiscally responsible governor. and the reality is that he has continuously decided to protect tax breaks for the ...

Of 1% in the last report. were growing jobs so weve got to keep on doing it. we have a lot of work to do there but i think our state has turned the corner. when i became governor we had one former governor going to jail and one in jail. we got to straighten that out and we have. >> whats the story, the problem, every state has pension problems. illinois has specifically a very large pension problem. whats the story with going forward and taking care of the pension problems, and whats your relati...

Though in drone strikes my past experience has told me that they cannot rely on dna. often theres nothing left after one of these strikes and they have to reroo lie on eyewitness accounts or overhead drone video. what seems key here are these three senior members. the u.s. government officials are waiting to get some kind of read-out. >> catherine herridge in d.c., thank you. we have a pension problem in this country. a recent survey by pew charitable trust fund find that the u.s. public pensi...

The country go 4g. motorola and all the other companies dont want their employees to start work when they show up. when on the train. well have that capacity. when they leave, also able to finish their work. and also, that space, while working on the train, theres going to be a whole kind of invention and creativity that happens. >> of course, just this week mayor emanuel said his plan to fix the pension problem in chicago, raise property taxes, cut some benefits, retirement benefits for city wo...