Saturday, May 14, 2011

San Jose Mayor Chuck Reed declares fiscal emergency, proposes sweeping pension ballot measure. (San Jose Mercury News)

The move underscores the two-term mayor's growing frustration with union
resistance to pension changes for current and future employees -- changes he
says are needed to stabilize city finances as the city prepares to lay off
cops, firefighters and hundreds of other workers to close a 10th straight
budget deficit.


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