Gov. Kitzhaber endorses 'grand bargain' on pension cuts, new revenues

Statesman-Journal:

Gov. John Kitzhaber endorsed a “grand bargain” today that promises to link additional cuts in public-pension costs with new revenues for education and other programs. The Democratic chief executive, who has been trying to broker a compromise between the Legislature’s majority Democrats and minority Republicans, said the package would supply additional money and savings that both parties want.

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