Riley: PACT Fix Will Take Political Will
Gov. Bob Riley said Thursday that any fix for the state's prepaid affordable college tuition program is going to need the political will of both the Democrats and Republicans.
Riley said a report (click here: http://www.savealabamapact.com/data/files/PACT%20Financial%20Information-%20Audits,%20Statements,%20Etc./PACT_study.pdf) from the Retirement Systems of Alabama gives legislators and the board that oversees the program some benchmarks for making the nearly 49,000 contracts whole, but legislators will have to prioritize.
"It's going to take everyone coming together," he said. "There's no reason that we can't fix this, but you've got to recognize it's going to take political will from both sides."
Riley said he's still committed to calling a special session for PACT, but only if state legislators can assure him that they have worked out a solution that can pass.
-- posted by Markeshia Ricks
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