Pension Obligations Are Unpayable

#Connecticut may be the richest state in the country, on a per capita basis, but it's racked up a sizable #debt worth more than $53 billion – and it could be #taxpayers who are forced to bail out the Constitution State. And Connecticut isn’t the only state struggling with a debt crisis: California, Illinois, New Jersey and New York are unable to make pension payments to retired government workers.

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