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State budgets were strained a lot because of unemployment

Posted on: April 7, 2021 at 19:08:16 CT
SparkyStalcup MU
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claims, lower than expected tax revenues, money to get schools COVID-ready so kids could back to school, funds for public health like administering COVID tests and vaccines. All of that is COVID-related.

You have a point that some states and cities have some issues with defined-benefit plans for employees. However, those issues would exist with or without COVID and were not anywhere near the primary purpose of the law, as states didn't get any money from the law that was targeted for that purpose. Also, states without pension issues also got funded from the bill, so it's difficult to see how that even played a minor role.
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     Peanuts... - TigerMatt - 4/7 19:28:37
     Gvmt is a scam - pickle MU - 4/7 18:55:45
          Yes, agreed. nm. - MUTGR MU - 4/7 21:07:45
          Except that pensions were not the primary purpose of the - SparkyStalcup MU - 4/7 18:55:11
               Do you believe in the concept that money - Bulldog Bob Brown STL - 4/7 19:25:51
                    Of course it is. It can be exchanged for assets of the same - SparkyStalcup MU - 4/7 19:35:10
                         Good. Do you think in its fungibility a state - Bulldog Bob Brown STL - 4/7 19:44:25
                              Are pension liabilities and typical expenses like assets - SparkyStalcup MU - 4/7 20:39:52
                                   "Prohibits state aid funds to be used to pay pensions" - Bulldog Bob Brown STL - 4/8 04:44:51
               RE: Except that pensions were not the primary purpose of the - scan MU - 4/7 18:57:22
                    State budgets were strained a lot because of unemployment - SparkyStalcup MU - 4/7 19:08:16
                         RE: State budgets were strained a lot because of unemployment - scan MU - 4/7 19:38:32
                              Actually, the bill specifically prohibits the funds from - SparkyStalcup MU - 4/7 20:42:57
                                   The city of St Louis is going to get $500M+ out of the - Bulldog Bob Brown STL - 4/8 05:00:30
     I read somewhere that there are retired HS superintendents - MU-TULSA MU - 4/7 18:50:35
          AR allowed teachers to retire at 75% of max pay - tigerinhogtown STL - 4/7 19:14:49
          The Columbia Public Schools superintendent makes 220k. That - SparkyStalcup MU - 4/7 19:11:57
          Not that is a good thing but its better than - JG MU - 4/7 18:52:02




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