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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How to Improve and Speed Up COVID-19 Vaccine Distribution
Rather than getting too caught up in prioritization, state and federal officials should focus on delivering vaccines as quickly as possible to those that want them.
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Pension Debt Grows as Public Pension Systems Post Low Investment Returns for 2020
State-managed public pension systems likely added over $200 billion in additional pension debt in 2020.
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It Is Time to Depoliticize Our Lives a Bit
As we enter the holiday season amidst the pandemic and relentless political drama in Washington, D.C., it’s a good time to think about how to make politics a smaller part of our lives.
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The COVID-19 Pandemic Has Not Crushed State and Local Government Tax Revenues
The Census Bureau finds state and local governments collected $1.12 trillion in tax revenue during the first nine months of 2020, just $8 billion less than the same period in 2019.
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West Virginia’s Pension Reforms Offer Lessons For States and Cities
Ten years after pension reforms were implemented, West Virginia's municipal pension plans are seeing funding improvements.
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Reduced Revenue and Ridership Should Have San Francisco Rethinking Rail Expansions
Bay Area transportation planners should consider postponing or scaling back their ambitious and expensive rail projects.
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After Health Care Workers, Focus on Getting Vaccines Out Quickly
Rather than complicated debates about who is most worthy of being immunized, and in which order, states should focus on distributing vaccines safely and quickly.
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Census Bureau Finds State and Local Pension Contributions Come Up Short
Only 76.1 percent of surveyed pension plans paid their full actuarially determined contribution in 2019, according to Census Bureau data.
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Theme Park Closures Are Hurting State and Local Tax Revenues
Identifying ways to safely open California theme parks could boost city and state revenues and quiet calls for more federal stimulus money to offset tax losses.
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Subprime Green Bonds Could Cause Headaches for Homeowners, Investors and Local Governments
Green energy loans, used by homeowners to finance things like solar panels and roof replacements, are reminiscent of the subprime mortgages that led to the Great Recession.
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California’s Economic Recovery Efforts Could Be Hurt By More Tax Increases
Proposals to implement a wealth tax and increase the state's top marginal tax rate seem especially ill-advised right now.
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As Gov. Newsom Urges Vigilance, California Should Adjust Coronavirus Shutdown Rules
Another strict lockdown would be too much for many businesses to bear, causing more to close permanently and destroying thousands of jobs in the process.
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Governments Fail to Meet Deadlines For Audited Financial Statements
Governments that issue debt securities and receive federal funds owe it to taxpayers to account for their finances in a timely manner.
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The Implications of California Governor’s Plan to Eliminate Gasoline-Powered Cars
A rapid move away from gasoline-powered cars raises many practical concerns, including how the state would pay for road maintenance.
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Transit Agencies Have At Least $49 Billion in Retirement Debt And Shouldn’t Be Bailed Out
A review of 30 large transit operators shows they have aggregate unfunded pension liabilities of $31 billion and other post-employment benefits liabilities of $18 billion.
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The Federal Budget Process Needs Structural Change
To restore fiscal sustainability while making needed investments, like rebuilding the nation's infrastructure, the federal government needs to consider structural budget changes.
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Ending the US Postal Service’s Monopolies Would Better Serve Citizens
Most of the USPS' work can now be more efficiently handled by private competitors.
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Could a Federal Loan Program Help Fix Ailing State Public Pension Plans?
Federal loans for states with failing pension systems would penalize states that have taken steps to address insolvency and are unlikely to fix the worst-off public pension plans.