[lbo-talk] Schwarzenegger Abandons Phase-Out Plan

[mike larkin]

"Gov. Arnold Schwarzenegger retreated Thursday from
his ambitious plan to convert the state pension system
to private accounts, part of his sweeping agenda for
change in state government. 

Opponents immediately cast Schwarzenegger's
abandonment of the current proposal as a political
defeat, a sign that he was backing away from his bold
call in January's State of the State speech for an
overhaul of state government......"

http://www.latimes.com/news/local/la-me-pensions8apr08,0,2779032.story?coll=la-home-local

		
__________________________________ 
Do you Yahoo!? 
Yahoo! Small Business - Try our new resources site!
http://smallbusiness.yahoo.com/resources/