CATO's Chris Edwards New Paper

Cost-Cutting Needed at State and Local Level

State and local governments face large budget deficits as revenues have stagnated and spending has remained at high levels. To reduce deficits, large savings can be found in the generous compensation packages of the nation's 20 million state and local workers. In a new paper, Cato scholar Chris Edwards examines state and local compensation costs, with a focus on the lucrative pensions enjoyed by public sector workers.

Click Below to Download the Paper.
Employment Compensation in State and Local Governments