Paying off debts
To the Editor:
Here’s a way to pay down state and federal debts so no one gets hurt financially. When we contribute money to politicians’ campaign funds to help them get elected, we do so not to make them wealthy or wealthier. After an election is over, whether a candidate wins or loses, all money in their campaign coffers (except for, say, $50,000, to be used toward their next election) must be turned over to the state or federal treasuries. It must be used to pay down the state or federal debts and split equally between public pensions, including teachers’ pensions, and other state or federal debts.