Andy Biggs actually said...

I believe that we need to concentrate on economy-level goals of work, saving, investment, the things that will strengthen the economy.

I don't believe I have said that public pensions are the cause of the problems.

What happens in most States is the legislature will set the discount rate that they want to use for the pension.

The fiscal crisis at the State and local level has many causes. The proximate cause is the significant economic recession, from which the U....