Between roughly 1997 and 2009, legislators decided to pay less of the employer contribution amount than statisticians deemed necessary. In kitchen table terms, those legislators chose not to pay their bills.
Now that creditors are demanding those bills be paid, critics are claiming the payouts are undeserved, and too generous.
It’s really a shame so many seem to feel it’s OK to not pay bills from the past because the interest is too high. I bet few business owners would accept nonpayment because customers chose to not pay when billed and now claim payments are too high.
Author(s): Thomas Schreiber
Publication Date: 18 May 2021
Publication Site: The Morning Call