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Hawaii to “go bust in 2016,” says senate minority leader

October 3, 2014

Includes “Hawaii Senate Minority Leader Sam Slom, the only Republican in the entire 25-member Hawaii Senate chamber, said on Wednesday that his state could go bankrupt within the next two years. … A staggering 82 percent of the state’s $12.5 billion shortfall are thanks to unfunded public employees’ retirement benefits, according to Chicago-based think tank Truth in Accounting.

Read the full article on: Rightly Wired

 
 
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