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The Costa Report

The Costa Report

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September 26th 2017: Restructuring Pension Plans with Matt Bevin

This week the Governor of Kentucky, Matt Bevin, will be joining us to talk about an invisible crises in America, underfunded pension obligations. According to Moody’s, pensions face nearly a two trillion dollar shortfall this year. The state of Kentucky has one of the largest underfunded pensions is the country. Rather than allow the problem to grow, Governor Bevin may be putting his political future on the line to attack the problem head­on.

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Governor Matt Bevin

Matthew Griswold Bevin was elected Governor of Kentucky in 2015. As Governor, Bevin has been an advocate of permitting insurance providers to compete across state lines, capping damages awarded for pain and suffering, allowing individuals to purchase health insurance with pre-tax earnings, and providing federal block grants to states to allow them to cover individuals with pre-existing conditions.
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