San Diego County Councilman Carl DeMaio: San Diego’s $1.8 Billion Retiree Health Care Giveaway
This just in from FR friend and San Diego Councilman Carl DeMaio…
San Diego’s $1.8 Billion Retiree Health Care Giveaway
Late last week San Diego City Council majority voted to approve an unprecedented 15 year agreement that gives away $1.8 Billion in retiree healthcare benefits to City labor unions. Once again, the deal was struck behind closed doors between City politicians and public employee union bosses.
The public has a right to know what is exactly in this deal and how the numbers were reached. Instead, the media and taxpayers were provided with a 1-page handout prior the vote.
From what we do know about this deal, here are some of the glaring flaws:
15-Year Term is Unprecedented: The deal is set in a 15 year labor contract – no other labor contract in city history has ever extended for such a long period of time. City Leaders Give Up $340-530 Million in Savings: Because city leaders did not … Read More