Tom Yamachika: ‘Dedicated funding source’? Nah

I’m sometimes asked how we can achieve true fiscal reform here in the Aloha State. It’s easy to imagine an end goal, with government spending within its means and with no gargantuan liabilities (the big two are the State’s defined benefit pension plan and the EUTF health system for state retirees) hanging over our heads like swords of Damocles. But to know which direction we need to travel, we need to know where we are now. This, unfortunately, is a big problem.