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Social media companies are free to make bad decisions
Social media companies are free to set their terms of service and moderate content as they choose. But this doesn’t mean their policies are smart.
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Inflation could significantly raise costs for some public pension systems
Most public retirement systems have established policies to limit annual cost spikes from cost-of-living adjustments during inflationary periods.
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Growing agreement that government regulations are driving up the costs of vital infrastructure
We may have an unprecedented opportunity to reform the National Environmental Policy Act.
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The Great Resignation highlights the need for public pension plans to adapt to today’s mobile workforce
Governments should consider modernizing their retirement plans and options for workers who don’t intend to stay in one position or with one employer for multiple decades.
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Biden doubles down on Title I funding increase in 2023 budget proposal despite program’s poor record
The administration wants to double the funding for a federal program that has failed in its aim to close achievement gaps between low-income and higher-income students.
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Colorado’s proposed flavored tobacco ban would worsen public health and criminal justice inequities
A ban on flavored tobacco products would likely lead to the growth of illicit tobacco markets and more policing in minority communities.
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A chance to enter a new era of financial transparency and awareness for public pension plans
Nearly every group of Americans should appreciate the new required public pension disclosure.
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The real danger of mandatory reciprocal switching is freight rail stagnation
The Surface Transportation Board should not amend its reciprocal switching regulations until it can credibly show that the benefits would exceed the costs.
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Class action lawsuits against CUSIP could improve government transparency
In the case of CUSIP numbers, a strong intellectual property claim hinders our ability to monitor state and local debt.
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Why Nashville would get a smaller funding increase than other urban school districts in Tennessee’s education finance reform
A central goal of Gov. Bill Lee's education funding reform is to reduce unfair funding gaps between school districts, so they can’t all receive an equal funding boost.
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California drivers pay nation’s highest gas taxes for roads and bridges in poor condition
In addition to the 18.4 cents a gallon federal fuel tax, California’s drivers pay 51.1 cents per gallon in state gas taxes, plus state and local sales taxes.
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Deferred retirement option plans expose public pensions to unique risks
When looking into public pension plans that offer a DROP, a clear trend emerges: poorly funded plans and a swamp of unfunded liabilities.
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Report finds ‘oversights’ and ‘lack of transparency’ led to Pennsylvania pension system error
The Pennsylvania Public School Employees’ Retirement System (PSERS) is increasingly dependent on highly specialized and expensive consultants to meet its fiduciary responsibilities.
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S&P Global’s annual pension report projects an uncertain future for pension funds
Market experts are warning that factors such as inflation, rising interest rates, and slower payroll growth could derail public pension systems' funding progress.
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The broken federal budget process gets even worse with $1.5 trillion omnibus spending bill
With the last major federal budget reform now 50 years behind us, and after 20 consecutive years of federal budget deficits, the congressional budget process obviously needs an overhaul.
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California is using outdated high-speed rail ridership estimates
As state legislators decide whether to issue another $4 billion of bullet train bonds this spring, they should have the best and most recent possible information to make informed decisions.
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Comparing how much states contribute to public workers’ defined contribution retirement plans
Government employers should ensure their contributions to employees' defined contribution retirement plan are in line with industry best practices.
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New Hampshire bill would legalize marijuana but create a state-run monopoly to sell it
New Hampshire should legalize marijuana but the private sector is far more equipped to effectively serve consumers.