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E.J. MCMAHON is senior fellow for tax and budgetary studies at the Manhattan Institute for Policy Research. He also is director of the Institute’s Empire Center for New York State Policy. A former journalist, McMahon has worked in both the public and private sectors. His professional background includes 25 years as a senior policy maker and analyst of state government.
Public-sector employees enjoy much more generous pay and benefit packages than private-sector workers, including guaranteed pensions and retiree health benefits whose long-term costs threaten to break the backs of state and local taxpayers.