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It’s Your Backyard Ventura County Pension crowd-out occurs when the cost of paying for government pensions reduces the government’s ability to provide other services. When fixed costs rise above revenue something has to give. In California, many communities are faced with growing pension liability forcing them to reduce services such as library hours and road maintenance. In some cases pension […]
Tags: Americans for Prosperity, crowd-out, David Spady, Pensions, Public Unions