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Some State Pension Plans Try to Downplay Poor Investment Returns
The only standard that matters to plan members and taxpayers is whether the public pension system is meeting its expected investment returns.
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Public Pension Funds Should Avoid Social Investing Strategies
Basing investment strategies on environmental, social, and governance factors would likely violate public pension fiduciary duties.
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How Public-Private Partnerships Can Help Truckers and Highways
Long-term toll concessions, like one proposed in Denver, are the trucking industry’s best hope for achieving its goal of a rebuilt and modernized Interstate highway system.
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Census Bureau Finds State and Local Pension Contributions Come Up Short
Only 76.1 percent of surveyed pension plans paid their full actuarially determined contribution in 2019, according to Census Bureau data.
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How California’s Flavored Tobacco Ban Will Hurt Communities and Budgets
Prohibitions on flavored tobacco products can lead to over-policing in disadvantaged communities and hurt state and local budgets.
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Theme Park Closures Are Hurting State and Local Tax Revenues
Identifying ways to safely open California theme parks could boost city and state revenues and quiet calls for more federal stimulus money to offset tax losses.
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Analysis of Florida’s 2020 Ballot Measure Results
Florida voters gave their verdict on six statewide ballot initiatives.
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A Federal Government-Owned 5G Network Would Be A Disaster
A nationalized 5G network would cost taxpayers billions, slow down innovation and put the U.S. behind China in the race for 5G.
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Florida Voters Approved a $15 Minimum Wage, Rejected Top-Two Open Primary Elections
Examining the results of statewide ballot initiatives and their potential impacts on Florida.
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It’s Time For More Private Investment in Transportation Infrastructure
Other countries are far ahead of the United States in routinely tapping private investment via long-term public-private partnerships.
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Austin’s Voters Chose a Bad Time To Approve Costly New Rail Lines
The voter-approved Proposition A permanently increases the city’s property tax rate to fund a $7.1 billion mass transit system.
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COVID-19 Has Further Exposed the Need for Government to Digitize
Expanded digital services are necessary during the pandemic and the long-term.
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Voters Across the Country Decriminalize Drugs, Reject Failed War on Drugs
These shifts away from the failed War on Drugs to an evidence-based harm reduction approach are important and positive steps.
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Why Metro Denver Should Consider the E-470 Toll Road Lease Proposal
A private company says it would pay off the toll road’s $1.9 billion debt, spend nearly $2 billion on improvements to the highway, and lower toll rates for E-470’s most frequent users.
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Big Tech and Social Media Companies Don’t Need More Government Regulation or Meddling
If the DOJ and FCC force social media companies to regulate more speech or take legal responsibility for third parties on their platforms, there will be more censorship of all sides, not less.
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Washington, D.C.’s Initiative 81 Represents Progress Towards Ending the War on Drugs
The ballot initiative demands the use, possession, and cultivation of small amounts of entheogenic plants like magic mushrooms be downgraded to law enforcement's lowest priority.
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California Shouldn’t Reverse Course on Criminal Justice Reforms
Proposition 20 would undo significant criminal justice system reforms passed by the state's voters in recent years.
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CalPERS Takes Risks, Looks to Private Equity to Mitigate Underfunding
Public pension plans across the nation are shifting to private equity and other risky assets as they seek higher yields.
