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This is still tantamount to raiding one's own 401K to pay the electric bill instead of getting rid of the jacuzzi to lower it.

(Not that we have any jacuzzi's in the city budget, but the concept is the same, you dont use savings to pay short term ongoing expenses!)

Now I will go up and read the article not that I need to as the headline covers it.

From: Councilmen defend use of pension to plug deficit

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