Wednesday, December 15, 2010

Good Morning Governor-Elect Malloy – More Debt

Over at “Raising Hale,” investigative reporter for the Yankee Institute Zach Janowski lifted up another rock and found underneath it more state debt.

"Connecticut’s unpaid obligation to provide healthcare benefits for retirees could reach $40 billion by 2017 if elected officials fail to act, according to a December estimate."

Bottom line: “Milliman (a firm that produces estimates for the Comptroller’s office) estimated the state will owe nearly $45 billion of healthcare benefits to retirees in 2017.”

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