Patrick rejects pension increase

Aug 12 2008

By Matt Viser, The Boston Globe

The cost could reach between $2.7 billion and $3.5 billion by 2026, according to the Massachusetts Taxpayers Foundation, a business-backed fiscal watchdog group. "It was an act of political courage," Michael Widmer, president of the Massachusetts Taxpayers Foundation, said of the governor's veto. "The easy decision would have been to sign it and give an added benefit to 100,000 employees. "But the state didn't have any money to pay for it," Widmer said. "This is clearly the responsible course."
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