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Americans for Limited Government President Bill Wilson’s quote of the day in reference to the proposed Union Pension Bailouts: “Rather than getting their finances in order, the union solution is to get a kickback from the politicians, whose plan it is to subsidize poor investment decisions. This will only incentivize further underfunding of these funds, and open the floodgates for pension bailouts across the board, especially to underfunded public employee pension plans.”
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