A Fiscal Hero, Rhode Island Treasurer Balances Interests to Reform State Pension Fund

By Good News Network Monday, September 24, 2012

Civics and World - General

At the Democratic convention in Charlotte recently, a delegate from Rhode Island walked up to Gina Raimondo and said, “You cost me $300,000.”

Raimondo, the state treasurer who had quarterbacked a major pension reform, steeled herself for abuse. Instead, the delegate, a retired schoolteacher and wife of another retired schoolteacher, thanked Raimondo and gave her a big hug.

“This system was going to blow up,” she said. “Thank God you fixed it.”

Raimondo, a Democrat, is a role model for all those stuck in the paralysis that blocks fiscal reform in Washington. Her story brings us hope.

Fred Hiatt explains how she did it...

(READ the story in the Washington Post)