Saturday, April 2, 2011

First in schools but last in fiscal responsibility

An article from the Maryland Public Policy Institute:

The Pew Center ranks Maryland at the bottom of the pack when it comes to funding pensions, along with 18 other states. The center also says the state "needs improvement" when it comes to paying for OPEBs, although 39 other states share that label.

"This puts us in a tier with states known for serious fiscal problems like Illinois and New Jersey," said Gabriel Michael, a fellow at the Maryland Public Policy Institute, which sponsored the event.