More Bonds? Not with Maine’s Ballooning Unfunded Retiree Liabilities
Read the full report | As Mainers consider the June 8 questions to approve $108.3 million in new state bonding, they should take into account that Maine’s pension and retiree healthcare system for government employees is already unsustainable and, as of June 30, 2008, underfunded by nearly $5.1 bi ...
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Maine’s Towering Debt

Maine’s Towering Debt

Read the full report | Maine is drowning in a sea of debt.Much has been made of the budget shortfalls that have plagued the state for years, but Maine people have heard very little about the state?s growing addiction to borrow-ing. Consider the following:? While voters have approved bonded debt in ...
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