Kavanagh for the kleptocracy of the ‘Kochtopus’!
Posted by AzBlueMeanie:
Last year I posted that the Goldwater Institute declares war on public employees:
Now the Goldwater Institute "Kochtopus" Death Star wants to extend this fiscally reckless amd irresponsible idea [Tucson public employee pension initiative] to state and local governments in Arizona through a statewide initiative. The Arizona Capitol Times (subscription required) reports, Initiative would tie government spending to pension funding:
A proposed ballot measure would effectively bar state and local governments from increasing spending across the board until its employee pension systems are adequately funded.
[The purposefully deceptively named] Responsible Budgets Act, which was filed with the Arizona Secretary of State’s Office on Friday, would bar political entities with underfunded pension systems from increasing spending, except for inflation and population growth. A provision in the initiative defines “adequately funded” as 80 percent funded.
[I-02-2014 Responsible Budgets in Support of Proposition __ and Petition Serial # ____, full text of initiative: PDF]
I am guessing that the Goldwater Institute "Kochtopus" Death Star is also behind this latest bill attacking the state employee pension system as well, sponsored by its waterboy, Rep. John Kavanagh (R-Fountain Hills). Lawmaker seeks to allow cuts in public pensions:
An Arizona lawmaker wants the state constitution amended to allow cuts to public employee pensions and increases in employee contributions if the systems are badly underfunded.
Republican Rep. John Kavanagh introduced a bill [HCR 2001 (.pdf)] that would refer the proposal to the voters. He said in an interview he is targeting automatic cost-of-living increases but acknowledged nothing in his proposal would prevent cuts to existing pensions.