Watchdog.org Podcast

Breaking The Piggy Bank is Watchdog.org’s weekly look at the national public pension crisis, how it’s affecting state and city budgets and what can be done — if anything — to fix it. In this week’s episode, hosts Eric Boehm and Steve Greenhut take a look at a few states that are working to reform their public pension messes. But so-called "reform" is not really reform if it only kicks the can down the road and doesn't address any of the systemic issues with defined benefit pension systems. In Kansas, for example, lawmakers approved a risky pension bond that could leave taxpayers with an even higher bill in the future.