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Comments on FDA’s Advance Notice of Proposed Rulemaking on the Regulation of Premium Cigars
Docket No. ID: FDA-2017-N-6107 Regulation of Premium Cigars
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GRS Dominates Public Pension Actuarial Consulting, followed by Milliman and Cavanaugh Macdonald
A database of over 500 public pension plans reveals over $5 trillion in total liabilities and over $1.4 trillion in unfunded liabilities, the majority of which are overseen by a few actuarial firms.
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Comments on FDA’s Advance Notice of Proposed Rulemaking on Flavored Tobacco Products
Docket No. ID: FDA-2017-N-6565 Regulation of Flavors in Tobacco Products
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Rent Control Laws Nearly Destroyed Parts of New York City. They Could Do the Same to California
New York’s rent controls created shortages and under-investment.
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Pennsylvania Supreme Court Could End Ill-Advised Soda Tax
If public education and other programs funded by the tax are truly important, they deserve a more reliable source of funding.
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Philadelphia Wants to Tax Its Way to Affordable Housing
Taxing developers does not address the underlying issues plaguing the city: high construction costs and low incomes.
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California Needs to Hurry up and Get in the Sports Gambling Game
Other states are moving quickly.
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California Needs to Hurry Up and Get in the Sports Gambling Game
California should join the growing movement to legalize sports gambling
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It Will Hurt, but it is Time for California to Walk Away from High-Speed Rail Fiasco
Reality has failed to live up to the state’s promises.
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Viewing Managed Lanes as Business Entities Is Key to Funding Major Highway Projects
Maximizing revenue, consistent with public-sector traffic management and throughput goals, will be essential to financing these megaprojects.
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California Implements Onerous New Marijuana Regulations
Will the state Bureau of Cannabis Control ease the regulatory burdens or be content to fight it out in court?
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How Georgia Is Creating the Foundation For a Successful Regional Transportation System
Georgia faces the prospect of millions of new residents by 2040 and needs a comprehensive infrastructure plan.
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Bay Area Officials Say No to More Fixed Rail Transit
With the transit board rejecting a proposed rail extension, it is a good time to consider a combination of new managed toll lanes and express bus service.
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Michigan Treasury Rejects Two-Thirds of Local Government Requests to Circumvent New Pension, OPEB Reporting Standards
This is just the first part of the 2017 legislation designed to shore up locally administered pension plans.
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How Return Volatility and Cash Flow Effects Impact Pension Funding
There’s a risk of pension plans being underfunded even when its experience matches up with assumptions over a given period of time.
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City of Harvey’s Pension Liabilities Raise Questions on Municipal and State Responsibility
Harvey, a city south of Chicago, appears to be the canary in the coal mine, as more than 200 other municipalities in Illinois face the real possibility of seeing revenue intercepted due to a 2011 state law.
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California Doesn’t Need to Impose More Regulations on Marijuana Growers — Big or Small
Business face significant compliance burdens and the black market is still thriving.