Is TriMet Better Off Than Greece?

By John A. Charles, Jr. Syndicated financial writer Malcolm Berko recently advised a small investor to stay away from Greek bonds or securities. He wrote, “Greece has morphed into a bureaucratic five-star welfare state; but in reality, Greece is a … Continue reading

Posted by at 05:00 | Posted in Local Taxes, Oregon Government, Portland, Portland Politics, Public Transportation, State Government, State Taxes, Taxes, Transparency, TriMet, Unions | Tagged , , , | 6 Comments

Cascade Report Exposes $2.6 Billion in Unfunded Liabilities

By Kathryn Hickok Cascade Policy Institute has released a new report showing that Oregon public employers have more than $2.6 billion in unfunded actuarially accrued liabilities associated with non-pension benefits promised to current and future retirees. Referred to as “Other … Continue reading

Posted by at 01:14 | Posted in Economy, Government reform, Government Spending, Leadership, Oregon Government, Oregon House, Oregon Senate, PERS, Portland, Portland Politics, Public Employee Unions, Public Employees Retirement System, Public Transportation, State Budget, State Government, Taxes, Transportation, TriMet | Tagged , , , , | 12 Comments

Unfunded Liabilities: Oregon’s Hidden Debt

By Michael Bastasch Congress is still debating raising the federal debt ceiling. This would allow the U.S. government to continue to borrow and to add to the already staggering $14.3 trillion in debt. However, the feds aren’t the only ones … Continue reading

Posted by at 04:30 | Posted in Economy, Oregon Government, Public Employees Retirement System, State Budget, State Taxes, Taxes | Tagged , , , , | 2,783 Comments

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