Atlanta’s public pension funds are $1.2 billion in the hole, largely the result of shortsighted decisions at City Hall over the last eight years. A new report calls, among other things, for slashing benefits for new employees. But those steps won’t help much with the funds’ current liabilities. Legally, the city cannot take back benefits that workers have already earned. Read how four candidates for mayor want to fix things.
Georgia’s Republican Party has reported raised $684,741 this year. That’s down 29 percent from the amount raised in the first six months of 2007 (the last off-election year). On the other hand, the party reported $2.2 million in the bank. That’s about four times as much as the state GOP had on hand two years ago at this time. The biggest single donors, at $50,000, were Bernie (right) and Wilma Marcus. So who were the party’s other big donors?