confoundedinterest17

Gov’t Gone Wild! Illinois Pension Benefits Have Grown 6 Times More Than Total State General Revenue Growth (236%)

We already know that the US Federal government is spending (and borrowing) at unsustainable rates. Much of the growth in Federal spending is due to Medicare and Medicaid. Although defense spending is no slouch. But State governments are no pikers at spending either. Or at least promising pensions to public sector workers.