Meg Whitman

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Right, well what you have highlighted every day on this show about Bell is the perfect example of what is wrong with government in California and why Sacramento is also very broken because the state workers have very generous pension benefits. Maybe not quite as generous as Bell, but very generous pension benefits. This will cause California to run out of money, and we have to reset these pension benefits, so I want to renegotiate with the very powerful unions. We have to raise retirement ages. We have to extend vesting periods, meaning the amount of time that you have to work before you get those benefits. The employees will need to contribute more to their pension program, and for new rank-and-file public servants, they are going to have to come in under a different deal probably like what you get here at the station, a 401(k) program, not a guaranteed payout.