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Arizona passes prefunding program for state retirement system
The Arizona State Retirement System is now one of the few statewide pension systems that has a dedicated contribution prefunding program.
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Is Texas’ definition of an actuarially sound public pension system outdated?
With this year's high inflation rates hitting retirees living on fixed incomes the hardest, it is not surprising that retiree groups and their allies are advocating for a cost-of-living adjustment.
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Biden administration grants Puerto Rico a waiver, but the Jones Act should be repealed
The Jones Act’s worst impacts are after a disaster, but even during the best of times this law has Puerto Ricans paying more.
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California’s Prop. 28 would erode local control of education budgets
California's Proposition 28 would dedicate $800 million to $1 billion a year for arts and music programs.
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Recapping Tennessee’s historic school finance reform
The 2022 reform was a major positive shift in how Tennessee funds public education.
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Data analysis suggests privacy legislation may make the internet less user-friendly
Survey data shows that EU citizens may experience friction from the GDPR in using the Internet for simple tasks, and Americans should take note.
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Has Texas defunded public schools?
Between 2002 and 2020, inflation-adjusted education spending in Texas increased by 16%, going from $11,473 per student to $13,346 per student.
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Biden’s marijuana pardons are a good step, but descheduling marijuana would be a massive step
“Too many lives have been upended because of our failed approach to marijuana. It’s time that we right these wrongs," President Biden said.
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Occupational licensing undermines some of the value of technological innovation
The share of U.S. workers required to hold an occupational license has exploded from around 5% in 1950 to 25% in 2020.
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States prepare for interstate commerce in cannabis
Congress should act swiftly to implement an orderly interstate marijuana market through a vehicle such as the States Reform Act.
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Politics and ESG endanger public pension plans and workers’ retirements
Attempting to impose politically-motivated investment controls of any kind on public pension plans violates core fiduciary standards.
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Finding consensus on environmental and permitting reforms to build needed infrastructure
Needless delays, bureaucracy, and litigation are increasing costs and preventing the U.S. from building 21st-century energy projects, highways, transit, and more housing.
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State-legal cannabis businesses pay astronomically high federal taxes
The proposed States Reform Act would drastically reduce the federal tax burden facing legal cannabis companies and lay the groundwork for a stable legal marketplace.
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Federal RAISE grants continue to fail to prioritize key transportation projects
Of the 166 projects awarded RAISE grants, just over half were directly related to transportation.
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Democratic treasurers defend ESG investing
But data doesn't back up their claim that buying the stocks of ESG-oriented companies will produce better long-term investment returns.
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New York’s public school spending continues to grow while enrollment declines
New York schools lost tens of thousands of students but inflation-adjusted education spending increased by $26.4 billion between 2002 and 2020.
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Reforming the Airport Investment Partnership Program
Privatization could bring needed improvements to U.S. airports while containing costs and shifting fiscal risks away from taxpayers.
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Most state pension plans are not adequately prepared for a recession
A recession could add trillions in debt to public retirement systems’ existing unfunded liabilities.
