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Paying down its debt should be a priority for California
California’s flush financial situation was an opportunity to use the surplus to pay down some of the wall of debt.
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FDA needs to embrace vaping’s potential to improve public health
Vaping is beyond doubt safer than smoking and has proved incredibly effective at helping people quit smoking traditional cigarettes.
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Federal ban on commercial rest areas hurts drivers, truckers, and the future of electric vehicles
State transportation departments and the private sector are ready, willing, and able to meet the needs of electric vehicles, drivers, truckers and to provide much better services on the Interstates.
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Setting the record straight on heated tobacco products
The FDA says heated tobacco products are safer than traditional cigarettes.
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California needs to focus more on finding—and paying—effective teachers
With the pandemic changing education options, whoever wins the recall election, along with the state’s school leaders, should recognize California needs to reform the way it funds students and pays its best teachers.
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Competition improves outcomes, even in government contracting
Contracts should go to the most capable contractor, whether for-profit or nonprofit.
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The Senate’s infrastructure bill largely ignores automated vehicles
Congress should act quickly to pass narrowly tailored automated vehicles legislation to ensure U.S.-based AV developers are not at a disadvantage in the increasingly competitive global AV marketplace.
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Horizon survey predicts bleak future for public pension investment returns
Major survey by Horizon Actuarial Services says the short- and long-term investment outlook for public pension plans is getting worse.
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What U.S. pension plans can learn from Canadian pension funds
Canada's federal and provincial public pension plans tend to be much better funded than U.S. state and local pensions.
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Colorado’s pension debt may be worse than policymakers think
A change to PERA's mortality assumptions, which more accurately project the length of time current members will be drawing benefits from the plan, added $3.1 billion in liabilities.
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How California’s recall election might change the state’s course on infrastructure
The increasingly sorry state of some of California's infrastructure is a key issue for many Californians.
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Colorado’s Missed Pension Payment Could Cost Taxpayers Millions
One simple solution—especially with the state sitting on a massive surplus—would be a prompt make-up payment.
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Rethinking the Santa Clara Valley Transit Authority’s Light Rail Service
More than two months after the tragedy, the Santa Clara Valley Transit Authority has not restored light rail service.
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Congress Needs to Stop Blocking Legal Marijuana Sales in Washington, D.C.
The answer isn't more police enforcement, the answer is to enable legal marijuana markets in the city.
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Giving Unbanked Drivers a Fair, Convenient Way to Pay Tolls at the Lowest Rates
These new programs are win-win solutions for unbanked and underbanked customers, as well as the toll road operators.
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Even as More States Legalize Marijuana, It’s Vital for the Federal Government to Deschedule It
Federal law still prohibits marijuana, treating it as an illicit “Schedule 1” substance like heroin and more stringently than cocaine or methamphetamines.
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Structural Problems Cause Public Pension Systems to Look to Alternative Investments
Pension systems should ensure employee and employer contributions are at the proper levels and their investment return rate assumptions reflect the realistic long-term market and economic conditions.
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Washington State Grapples With Public Pension Cost-of-Living Adjustments
The most unfair solution to this public pension issue is to continue to allocate hundreds of millions of taxpayer dollars to annually fund increased benefits.