Governor Josh Stein released his state budget proposal on Wednesday. It fell short for state employees, retirees, and taxpayers. Stein proposed a 2% pay raise and bonuses for state employees and retirees while not fully funding the state retirement system.
In this episode, we break down the plan’s potential impacts and long-term implications on the budget debate. We also explore the broader economic context, addressing concerns over the underfunded retirement system, the potential privatization of certain state functions, and the challenges of maintaining public services amidst staff shortages.
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