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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.
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Teachers’ Unions May Have to Put Students First, Rethink Opposition to Education Reforms
”What’s best for teachers is what’s best for kids” isn't always true.
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Fort Worth Takes Steps Toward Meaningful Pension Reform
The proposed changes could be a major step towards protecting the retirement security of Fort Worth’s police, fire, and other government workers.
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LAUSD Must Resist Mandates That Restrict Flexibility And Increase Inequality
LAUSD is facing a fiscal cliff.
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How Some Local Funding Quirks Are Blocking School Choice
Sweeping changes to the school finance system are receiving high marks. But there's still work to be done.
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Planners and Politicians Need to Learn From Consumers’ Choices
"Perhaps planners should surrender to the rather overwhelming evidence that individuals highly value the inherent flexibility of door-to-door on-demand travel choices."
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How a Corrupt Marijuana Testing Lab Incident Highlights the Benefits of Legalized Marijuana
The state’s evolving regulatory structure must adapt.
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Here’s What Millennial Parents Are Getting Right About Their Kids’ Educations
Today’s young parents care about more than just test scores, and are increasingly supportive of educational choice.
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Bond Downgrade Will Cost Vermont
Policymakers must shore up the state pension system.
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Unfair Local Education Funding Keeps Schools From Accepting Students Across District Lines. Here Are Some Ways to Fix That
For state policymakers, the lesson is clear: Funding equity is a key component of educational choice.
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Gov. Kemp’s Promised Raises for Teachers Come With Hidden Costs
Pay increases are just one part of the compensation and pension system equation.
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Raising Money for Southern Nevada Infrastructure Improvements
Clark County, Nevada, is an American success story. But the metro area's infrastructure has failed to keep pace.
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Renewing the National Commitment to the Interstate Highway System: A Foundation for the Future
The report makes several good recommendations but falls short of truly providing a realistic, financially sustainable path forward for Interstates.
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Unfunded Liabilities Are Forcing Texas TRS Pension Contributions Ever Higher
The Teacher Retirement System (TRS) of Texas’ amortization payments have grown since 2003 and take up an increasing amount of teacher and state contributions.
