Charles Boustany actually said...

The Subcommittee needs to understand how public plans are currently calculating their assets and liabilities...

Too often, governments have deferred difficult choices by pushing obligations off into the future without responsibly saving for the day whe...

But too often, State and local governments have not kept their end of the bargain and are failing to adequately fund employee pensions.

It is clear that there is not enough money set aside to meet future obligations.