Lawmakers say taxpayers may make up budget shortfall from failed stocks
By: Scott Detrow
Pennsylvania’s two primary public pension programs lost more than 28 billion dollars last year, mostly due to the fallling stock market. During yesterday’s budget hearing in Harrisburg, officials told members of the House Appropriations Committee that taxpayers may have to make up the shortfall. WHYY’s Scott Detrow reports.
By: Scott Detrow
Pennsylvania’s two primary public pension programs lost more than 28 billion dollars last year, mostly due to the fallling stock market. During yesterday’s budget hearing in Harrisburg, officials told members of the House Appropriations Committee that taxpayers may have to make up the shortfall. WHYY’s Scott Detrow reports. [audio: reports20090218taxpayers.mp3]
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