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title: Unfunded Liability - Wyoming Liberty Group - Wyoming Liberty Group
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by Charles Katebi Medicare and Medicaid are the two largest government-run health insurance programs in the United States, and arguably the world. Combined, they cover an estimated 120 million Americans and spend a quarter of the federal government's budget. And without major reforms, these entitlements threaten to bankrupt taxpayers and hang patie...

 

 



Government pension plans promise to pay current and future retirees a benefit based on a defined formula. To make good on its promise, government contributes tax dollars to a pension fund and invests them to generate income. But what happens when contributions and investment returns fall short? Will government raise taxes, cut spending, or reduce t...

 

 



Few people understand how the state pension system works but objections to reform are legion. Even though the type of pension benefit state employees receive has virtually disappeared in the private sector, many politicians, bureaucrats and state pension managers seem to think the government sector is different, making reform unnecessary. However, ...

 

 



Pension contributions to rise.Taxpayers now contribute $6.71 for every $1 contributed by bureaucrats.Taxpayers soon to be gouged at $7.08:1 before improvement to $6.21:1. Wyoming's last legislative session saw movement in the direction of more government sector pension reform, and not a moment too soon. With only 77.62 cents per dollar promised ava...

 

 



 

 

 

 

 

 









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**Wyoming Liberty Group**  
P.O. Box 9 • Burns, WY 82053  
Phone: (307) 632-7020