Marc Joffe is a senior policy analyst at Reason Foundation.
After a long career in the financial industry, including a senior director role at Moody's Analytics, Joffe's research now focuses on sovereign and sub-sovereign credit risk and fiscal sustainability.
His financial research has been published by the California State Treasurer's Office, UC Berkeley, the Mercatus Center at George Mason University and the Macdonald-Laurier Institute among others. Joffe is a regular contributor to The Orange County Register and his op-eds have also appeared in The Fiscal Times, Governing and The San Jose Mercury News.
He has an MBA from New York University and an MPA from San Francisco State University.
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COVID-19 Pandemic Response Illustrates Need for Better State and Local Financial Data
If every state, major city, and county produced monthly cash reports in a standardized, machine-readable format within two weeks of month-end, federal policymakers would have a much better picture of how revenues and expenditures are evolving.
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More Census Data Shows Government Tax Revenue Hasn’t Been Negatively Impacted By COVID-19
The Census Bureau estimates 2020 aggregate state and local tax revenues of $1.62 trillion, or about 2 percent above the 2019 total of $1.59 trillion.
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High-Speed Rail Is Unlikely to Play a Major Role In Achieving Climate Goals
Be wary of high-speed rail's potential to fight climate change or replace automobile and air travel in cost-effective ways.
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How to Spend Stimulus Money to Reduce State and Local Retiree Health Care Debt
Rather than create new spending programs, state and local governments would be wise to use the largely unnecessary federal funds coming their way to pay down debt.
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Most Local Governments’ Tax Revenues Haven’t Been Hit Hard By COVID-19 Pandemic
Local government revenues have largely remained stable during the COVID-19 pandemic due to their reliance on property tax revenue.
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A Not-So-Simulative COVID-19 Stimulus Bill
The costly, ill-timed and poorly targeted COVID relief measure now in Congress is unlikely to achieve its goals.
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New York State’s Other Post-Employment Benefit Problem
New York's public sector entities have more than $300 billion of unfunded other post-employment benefit liabilities.
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Debatable Ideas: Examining Key Transportation Issues, Myths and Misconceptions
In this series, Reason's transportation policy analysts examine key infrastructure issues, including common myths and misconceptions found in today's policy debates.
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House COVID-19 Stimulus Bill Has Big Differences In Per Capita Money Going to States
The allocation formula used by the legislation benefits low population states and those that had high unemployment rates at the end of last year.