Does anyone find it unusual that 3 national bond rating agencies ALL MENTIONED this issue of switching over city retirees to Medicare as a way to save about $600,000 and maintain a decent city bond rating. Imagine that, all 3 agencies JUST HAPPENED to mention this isuue as a way to save money. What a crock of bovine fecal matter...who the hell actually wrote/planted that line in the rating agency reports? Next headline: "Council Says Financial Houses Mandate Changeover to Medicare for Retirees" Among the items not mentioned was how the city could save $200,000 if the council handed back their pay raises. Imagine that, not even one bond rating agency mentioned it !
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