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Financial Data Reporting Standards Measure Introduced In California State Senate
The bill aims to make audited state and local government financial data more accessible and easier to prepare.
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The Rise of Modern Monetary Theory Could Trigger Fiscal Armageddon
If MMT took hold, it would send our country down a very dangerous path.
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Before Oregon Diverts Tax Rebates to PERS It Should Make Lasting Pension Reforms
A one-time diversion of Oregon's Kicker rebate will do little to resolve the pension system's underfunding.
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California Counties Go Rogue on Legalized Marijuana
The initiative passed by voters clearly states that no cannabis regulations may prohibit a licensee from using alternative technologies or procedures.
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Many Georgia Teachers Missing Out on Retirement Benefits, New Analysis Finds
The uneven nature of pension benefit accruals along with weak retention rates should signal to policymakers that they need to better tailor plan designs to the needs of public workers.
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Gov. Newsom Scales Back California High-Speed Rail Project
The decision is a victory for fiscal responsibility and commonsense transportation policy.
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The FDA Is Hurtling Toward a Historic Mistake on E-Cigarettes
Food and Drug Administration Commissioner Scott Gottlieb is threatening "unprecedented" action against America's most popular tool to quit smoking.
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Florida Needs a New Approach to the Opioid Problem
Lawsuit scapegoating doctors, pharmacies and pharmaceutical companies is neither accurate nor sensible.
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Analysis of Georgia House Bill 109 and Its Impacts on Georgia TRS Solvency
How the bill would alter the Teachers Retirement System of Georgia's key indicators, such as normal cost, actuarially accrued liability, and employer contribution rate projections over the next 20 years.
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Colorado Publishes New Report Examining Health Effects of Legalized Marijuana
Study finds virtually none of the public health fears about legalizing marijuana have materialized in the state.
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Don’t Look at $15 Per Hour Minimum Wage Out of Context
Before raising the minimum wage, Florida should examine the possible unintended consequences.
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California Overstates Bullet Train’s Climate Benefits
California's high-speed rail system would provide little or no reduction in overall greenhouse-gas emissions
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Pennsylvania Commission’s Recommendations For the State’s $60 Billion Pension Debt
"Without full annual funding, none of the following recommendations will be sufficient to ensure the availability of retirement benefits for future generations of public servants."
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Underfunded Pensions Heighten Risk of Service Insolvency for Local Governments in Illinois
Many local governments in the state face severe legacy cost pressures, but Chicago appears to be in a league of its own.
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Washington’s HB 1521 Risks Reducing Competition and the Quality of Services Provided to Taxpayers
The bill contains provisions that would undo the progress Washington’s competitive sourcing program has made.
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California’s Other Fiscal Time Bomb; $187 Billion in OPEB Liabilities
California’s state and local agencies have $187 billion in unfunded retiree health care and other benefit liabilities.
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Social Change Is Outside the Role of Public Pensions
Public pension plans can’t afford to undermine their fiduciary responsibilities in favor of making social or political statements.
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Fitch Downgrades San Antonio Over Fiscal Inflexibility
The city was recently slapped with its first credit downgrade in a decade.
