Four State Unions Make Pension Concessions

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State firefighters and Highway Patrol officers have agreed to Governor Schwarzenegger’s call for pension reforms that would save the state some $72 million a year. He calls it a major breakthrough, but $72 million is a tiny fraction of the state’s $19 billion shortfall. Denis Theriault reports from Sacramento for the San Jose Mercury-News.

Credits

Guest:
Denis Theriault - Reporter, San Jose Mercury-News

Host:
Warren Olney

Producers:
Darrell Satzman, Katie Cooper, Christian Bordal