Former hedge fund manager David Stemerman is trying to distinguish himself in the crowded field of Republican candidates for governor with a radical political and legal strategy for attacking Connecticut’s massive unfunded pension liability.
unfunded liabilities
Posted inEducation, Health, Money, Politics
A legacy of debt: Connecticut standing on its own fiscal cliff
The budget that Gov. Dannel P. Malloy will present to the legislature Feb. 8, in an attempt to close $3 billion in deficits over the next two years, is only a portent of a far greater, long-term challenge facing the state. First in a series.