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New York Gov. Hochul should learn from failed tobacco bans
The governor appears to be testing support for a complete ban on all tobacco products.
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Webinar—Can investing public pension assets to further nonfinancial goals be consistent with fiduciary principles?
The exclusive purpose of investing pension assets must be to provide pension benefits.
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The trucking industry is increasingly examining mileage-based user fee options
The trucking industry has begun to acknowledge the impending decline of fuel-tax revenues.
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California legislature shouldn’t politicize or micromanage public pension investments
CalPERS and CalSTRS must be allowed to focus on their mission of fulfilling the retirement benefits promised to workers.
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An international AI regulatory agency would threaten free speech, politicize AI
A highly invasive, active, and empowered government could monitor AI use and punish anyone not using it for approved purposes.
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Social equity programs are failing to help victims of the drug war
In many cases, the parties benefiting from social equity programs are wealthy, connected political insiders and large commercial cannabis companies.
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“The Liability Trap” authors’ critique of pension fiduciary model misses the mark
Requiring a fiduciary responsible for public dollars to adhere to objective criteria and remain oriented towards achieving the pecuniary goals of the pension trust is the most basic policy.
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Georgia Gov. Kemp signs bill to help released prisoners obtain IDs, documentation
Georgia Gov. Brian Kemp just signed into law a bill that helps those freed from prison obtain identification cards and proof of programs and training they have completed while incarcerated.
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Congress must hold CDC accountable for its vaping missteps
In 2019, bad information from the CDC about vaping deaths caused by illegal products reduced e-cigarette demand by about 30 percent and worsened public health.
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North Dakota enacts landmark public pension reforms
The new pension reform will help solve NDPERS' unfunded liabilities and unsustainable financial trajectory like an oil spill—by both capping the spill and cleaning up what’s already spilled.
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SECURE Act 2.0 requires private sector to use automatic enrollment for retirement plans
Over 80% of state and local government employees are in retirement plans, compared to 52% of private sector employees.
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Florida’s education savings accounts won’t defund public schools
Florida is now giving all families the choice to withdraw from public schools and opt for an ESA of about $8,700 per child.
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We can’t design and regulate away all risks of roads
Safer streets are a laudable goal worth pursuing, but engineers are not designing streets with the intention of them being unsafe.
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Texas death row inmates sue over indefinite solitary confinement
The lawsuit alleges that all 184 men currently on death row in Texas are confined to their 8-by-12-foot cells for 22-to-24 hours each day.
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Tolling and mileage-based user fees would help produce better highways for Michigan
Michigan's highways need fixing, but the state is woefully short of the transportation funding required.
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Discretionary government power often backfires, no matter its target
The left and right should be concerned about discretionary and targeted power wielded by regulators and the executive branch.
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Mississippi needs to fix the way it pays for public pensions
Mississippi should shift to an actuarially determined contribution funding policy.
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Alaska’s defined contribution retirement plan is better for most workers than defined benefit plan
While the defined contribution plan in place in Alaska could be enhanced, it is a plan that recognizes the reality of the modern workforce.
