The Problem:
Over the past four decades, state and local governments – across the nation - have amassed enormous and unsustainable public debts to their employees – debts arising from the unsecured promise of lifetime healthcare benefits to their employees, yet unsupported by any corresponding financial investments over the decades. Largely unreported, little known and even less-well understood, this class of unfunded debt obligations not only threatens the future continuation of such programs, but also portends unsustainable economic burdens for our younger generations of Americans who had no role in their making and stand to derive no benefit from their creation.

Our Goals:
First, to publicize and expose this little known and largely unreported new class of debt obligations and the consequences for our economy and the burdens they pose to future generations of young Americans. Secondly, to actively engage the American public in participating – in discovering, reporting and publicly discussing their opinions, hopes and concerns in connection with the issue. Thirdly, to actively engage the leadership of our communities, our states and the nation in a frank and honest discussion of the problem and examination of the issues – with the objective of resolving a path forward which provides certainty to both public employee and taxpayer alike – while insuring that no similar situation will arise in the future.