We have revenue coming in. We can pay our interest payments. And then we can prioritize what government programs that have been given to the American people that are unsustainable promises that have been made by reckless politicians that can't possibly be sustained. We can determine which one of those if any we need to keep.
One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.