San Diego is not the only city facing a pension crisis. States and localities across the country are facing a sea of red ink because of skyrocketing pension and benefit costs for government employees.
San Diego City Councilmember Carl DeMaio discussed his framework for pension reform — and suggests other states and cities get on board the pension reform movement.
Here’s the YouTube Link to the Interview: http://www.youtube.com/user/FoxBusinessNetwork#p/u/1/rffEvI5b8Bk