How Trump Can Stop Pension Mess From Spreading

How Trump Can Stop Pension Mess From Spreading
AP Photo/Seth Perlman

President Obama has spent the last eight years governing by executive order and administrative rule. President Trump—aided by a Republican Congress—will have the capacity to dismantle some of the worst of these actions. One Department of Labor ruling especially ripe for scrutiny exempts states from federal regulations on private pensions. It thus allows the states—already responsible for massive problems with government-worker pensions—to begin offering retirement plans to private-sector workers. It’s a disaster waiting to happen.

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