Marc Joffe
Senior Policy Analyst
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 focuses on municipal finances, alternative asset investments, transportation policy and federal, state and local fiscal policy.
His financial research has been published by the California State Treasurer's Office, UC Berkeley, the Mercatus Center at George Mason University, California Policy Center, The Center for Municipal Finance, 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, National Review, The Hill, and The San Jose Mercury News.
Joffe recently presented a panel paper at the APPAM 42nd Annual Fall Research Conference along with University of Texas, Dallas Associate Professor Evgenia Gorina and his Reason colleagues Anil Niraula and Jen Sidorova.
He has an MBA from New York University and an MPA from San Francisco State University.
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Washington Metro’s suspension of over half its rail cars should have Congress rethinking rail funding
Given both the expense of rail transit rolling stock and the widespread reliability issues that plague it, Congress should reconsider any rail infrastructure spending.
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Disclosures reveal state and local governments haven’t spent federal rescue funds
These governments were allocated $172 billion of ARPA funds but had only spent $4.9 billion (2.9 percent) of the money by the July 31 cutoff date for the initial reporting period.
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California legislature was wise not to issue the remaining $4 billion of high-speed rail bonds
Without the bond proceeds, the California High-Speed Rail Authority will not be able to meet its intermediate objective of establishing service along 171 miles of electrified track between Merced and Bakersfield.
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Scammers take advantage of California community colleges’ inadequate cybersecurity measures
California’s community college system could identify and even thwart bots much more easily if the state implemented and followed a full cybersecurity plan.
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Putting a year of good investment returns for public pension plans in perspective
This year's exceptionally high investment returns are good news for struggling pension plans, but they do not mean all is right in the public pension world.
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Ohio’s teacher retirement system lacks investment transparency
For the 2020 fiscal year, STRS reported paying $175 million in fees to alternative investment managers.
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Delaware tries to improve transparency on state spending
Delaware's Gray Fox will contain ARPA spending data from the state, 19 K-12 school districts, 23 charter schools, three counties, and 57 municipalities.
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Paying down its debt should be a priority for California
California’s flush financial situation was an opportunity to use the surplus to pay down some of the wall of debt.
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Competition improves outcomes, even in government contracting
Contracts should go to the most capable contractor, whether for-profit or nonprofit.
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Rethinking the Santa Clara Valley Transit Authority’s Light Rail Service
More than two months after the tragedy, the Santa Clara Valley Transit Authority has not restored light rail service.
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Texas Supreme Court Says Company Can Use Eminent Domain For Houston-Dallas High-Speed Train
While Texas Central is promising to benefit travelers going back and forth between Houston and Dallas, it would do so by interrupting the lives and livelihoods of many Texans living and farming along the route.
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The Limited Role Transit Can Play In the Bay Area’s Climate Change Strategies
Rather than build expensive new transit infrastructure, the Bay Area should find more cost-effective solutions.
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The $3.5 Trillion Reconciliation Package’s Supposed ‘Pay-Fors’ and Its Impact on Inflation
At a time of rising inflation and massive federal red ink, this deficit spending poses many financial risks the country cannot afford.
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Local Governments Should Use Budget Surpluses to Pay Down Debt
If California's cities and public agencies are experiencing a large surplus, they should look to pay off debt, including other post-employment benefits liabilities.
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How and Why Hamtramck, Michigan, Cut the City’s Retiree Health Care Benefits
Hamtramck’s experience serves as a cautionary tale to other state and local governments that are offering OPEB plans that are not prefunded.
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Worrying About Mandates and Lockdowns as Delta Variant Hits Unvaccinated Californians
Policymakers should pay attention to the science and Californians should encourage each other to get vaccinated.
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Brookings Paper Says There Is No Imminent Public Pension Crisis
The analysis overlooks key economic factors that would impact a government's ability to pay for pension benefits.
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Hollywood, Florida’s Pension Debt Problem
Hollywood, Florida has over $1 billion in public pension and retiree health care debt.
