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Sen. Manchin’s proposed reforms to the child tax credit would be a step back in fighting poverty
History shows that work requirements for cash assistance to poor Americans often work much better as political sloganeering than as real programs.
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Proposed electric vehicles tax credit prioritizes labor unions over carbon reduction goals
By trying to push buyers to union-assembled cars, Congress risks slowing the shift to electric vehicles and undercutting the carbon reduction goals it is trying to achieve.
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Catholic schools get shortchanged by California and school districts
Federal law says that private schools serving disadvantaged students should receive some federal education funding, but they don’t always get it.
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Maryland State Retirement Pension System lowers investment return assumption, but more reforms are needed
MSPRS should consider lowering its assumed rate of return even lower than 6.8% to align with market projections.
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How a federal tobacco tax increase would impact West Virginia
If Congress wants to help West Virginia achieve better public health outcomes, it should look to increase access to safer smoking alternatives like e-cigarettes and heated tobacco products.
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There are no quick and easy fixes to our supply chain challenges
For now, policymakers should be vigilant about avoiding well-meaning but counterproductive policy responses and, instead, work to improve long-run supply chain resilience by jettisoning existing harmful government policies.
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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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Testimony: Recommendations for the FRS Investment Plan
Adjustments to Florida's public defined contribution retirement plan could better serve employees and taxpayers.
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Leasing city airport could help Phoenix pay down pension debt
Sky Harbor airport could generate between $1.5 billion to $2.9 billion in net proceeds to the city.
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Some Pennsylvania lawmakers seek to move marijuana legalization, criminal justice reforms
Multiple proposals to legalize marijuana for adult use started circulating in the Pennsylvania legislature after Republican State Sen. Mike Regan announced he has changed his position on the issue.
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Texas Central shouldn’t get a $12 billion taxpayer-backed loan
The Houston-Dallas proposal has long been sold to the public as a privately financed high-speed rail system that doesn't need taxpayers' money.
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The growing need to structurally address the national debt
As the national debt nears $29 trillion, the conversation about this problem needs to change.
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Private equity investments continue to pose challenges for public pension plans
Ohio and Pennsylvania's teacher pension plans are paying high investment management fees for private equity assets that bring in lower investment returns than the rest of their portfolio.
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Nevada to allow tourists to use legal marijuana in lounges but restrictive licensing problems remain
Nevada fixes unintended problems in cannabis law that made it difficult for adult tourists to buy and consume legal marijuana products.
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Customers would benefit from fully legalizing direct-to-consumer shipping of alcohol
Competition helps raise the quality of products and services and helps keep prices low.
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Environmental and social investing can put taxpayers and public pension funds at risk
Making the world a better place does not put money into a public pension fund struggling to meet its funding requirements, nor does it pay for the benefits or cost-of-living adjustments promised to retirees.
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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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Suggested reforms for Pennsylvania’s Public School Employees’ Retirement System
The pension system's high investment fees and unrealistic investment return expectations are in need of reform.
