Page 6 - Bonds Trading News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There is only so much to go around. north dakota has a budget surplus. we should spend their money to california? the budget deficit that s all i m saying. [ overtalk ] because of this. i remember my parents complaining about jerry brown in the mid- 80s. we left. he s the governor again. cheryl: jonathan, back to the financial question here. can i answer the question you originally asked me, please? cheryl: sure. so i m saying the bail-out. california should not get a bail-out. the other thing is the benefit plan, defined benefit plans in the state employees is so great that all of those pension plans are underfunded now. that is going to break the state eventually. so it s just a question of time. you ve got the stop it, you ve got to stop the spending and you ve got to stop it now. cheryl: jonathan, i know you want to respond, sir. sure. you have california bonds trading on equivalent risk ....

Budget Deficit , North Dakota , Budget Surplus , Bail Out , Jonathan Hoenig , Jerry Brown , Mid 80s , Benefit Plan , Benefit Plans , Pension Plans , Cheryl Casone , Stop It , Bonds Trading , Risk Level ,