Thursday, March 2, 2017

Pensions and investments: New Jersey Gov. Chris Christie recommended that the state lottery be used to bolster public pension funds, a strategy that could raise the funding ratio of the state pension system to 64% from 49%.

Ok, what are the lottery funds used for now?

Distribution of Lottery RevenuePayment of prizes and expenses with appropriations to state institutions and state aid for education
OK, force local taxes up, make localities pay for their own schools.  But, then the unions cannot get state mandates anymore.

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