Statement: “Lorie Zapf helped pass financial reforms, saving … $1,000,000,000. Over $1 billion saved so we can invest back into our neighborhoods,” a mailer for City Councilwoman Lorie Zapf’s campaign said.
Analysis: Pension reform supporters just can’t resist saying that Proposition B is saving a lot money.
Fact Check: (Still) Not-So-Instant Pension Savings
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