Time to pay the piper

Posted 3/14/19

Comptroller General Richard Eckstrom on the $61 million the state will receive from the winning Mega Millions jackpot:

“Rather than spending it all, lawmakers would be wise to use the money to …

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Time to pay the piper

Posted

Comptroller General Richard Eckstrom on the $61 million the state will receive from the winning Mega Millions jackpot:

“Rather than spending it all, lawmakers would be wise to use the money to shore up the state’s reserve accounts or to pay down long-term obligations.

“Our retirement pension system is underfunded by $30 billion, one the Legislature can no longer afford to ignore. Every bit we pay now will help alleviate some of the pain we’ll suffer down the road.”

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