Soaring pension liabilities have begun to force local governments to reduce spending on services so that they can fund pensions, a phenomenon analysts call “crowding out,” writes K. Lloyd Billingsley. Communities across the nation are impacted, but Californians are especially affected by the pension crisis due to up to $750 billion in unfunded liabilities. In San Jose, for example, the number of police officers on the streets has been cut even as the department’s budget has grown.
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Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.