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Home

Latest


  • Public Pension Investment Performance Has Historically Fallen Short of Return Assumptions
    Public Pension Investment Performance Has Historically Fallen Short of Return Assumptions

    Declining interest rates and market volatility over the last three decades have made it harder for public pension plan investment performance to match assumed rates of return - and plans have been slow to lower their assumptions.

    By Truong Bui
    August 28, 2020

  • Watch Experts Discuss How Unintended Consequences of Vaping Bans Hurt Public Health
    Watch Experts Discuss How Unintended Consequences of Vaping Bans Hurt Public Health

    Vaping prohibitions also contribute to over-criminalization and the over-policing of minority communities in your city and state.

    By Guy Bentley
    August 27, 2020

  • Aviation Policy News: Airline Bailouts and Revenue Sources for Air Traffic Control During Pandemic
    Aviation Policy News: Airline Bailouts and Revenue Sources for Air Traffic Control During Pandemic

    Plus: A supersonic project, satellite competition, high-altitude centers, and more.

    By Robert Poole
    August 27, 2020

  • Beware of Over-Complexity in Pension Plan Reform Efforts
    Beware of Over-Complexity in Pension Plan Reform Efforts

    Promoting government inaction on public pension reform through the presentation of overly complex data is a strategy that needs to be recognized and rebuffed.

    By Richard Hiller
    August 27, 2020

  • Education Newsletter: School Finance During the COVID-19 Pandemic
    Education Newsletter: School Finance During the COVID-19 Pandemic

    Plus: Families considering homeschooling have a variety of options and curriculum choices, targeting education funding to disadvantaged students, and more.

    By Aaron Garth Smith
    August 27, 2020

  • Marijuana Legalization Could Address Criminal Justice Reform and State Revenue Concerns
    Marijuana Legalization Could Address Criminal Justice Reform and State Revenue Concerns

    Marijuana legalization not only presents the opportunity to generate additional state and local revenue but can also address much-needed criminal justice reform in states like North Carolina.

    By Geoffrey Lawrence
    August 26, 2020

  • Study: States Can Lease Toll Roads to Fund Other Infrastructure, Pay Off Debt
    Study: States Can Lease Toll Roads to Fund Other Infrastructure, Pay Off Debt

    The study finds the middle-range of the net proceeds for these systems varies from $19 billion for the Illinois Tollway and $17 billion for the New Jersey Turnpike to just over $1 billion for the Kansas Turnpike.

    August 25, 2020

  • Why Governments Should Lease Their Toll Roads
    Why Governments Should Lease Their Toll Roads

    The nine states studied here would have significant net proceeds from leasing their toll road systems via long-term public-private partnerships—even after paying off outstanding tax-exempt toll road bonds.

    By Robert Poole
    August 25, 2020

  • Frequently Asked Questions: Why Should States Consider Leasing Their Toll Roads?
    Frequently Asked Questions: Why Should States Consider Leasing Their Toll Roads?

    Why lease an asset? Won't toll rates go up? Isn't this a terrible time to consider leasing infrastructure?

    By Robert Poole
    August 25, 2020

  • Cigarette Sales Increase as Vaping Bans Push People Back to Smoking
    Cigarette Sales Increase as Vaping Bans Push People Back to Smoking

     Many public health experts warned that banning vaping flavors would result in more adults smoking cigarettes.

    By Guy Bentley
    August 24, 2020

  • How the Ballot Language Used For California Initiatives Impacts Fairness
    How the Ballot Language Used For California Initiatives Impacts Fairness

    Simply abiding by all the legal requirements already on the books would help ensure we have honest and fair elections with results that reflect the will of the people.

    August 21, 2020

  • Portland’s Pension System Is Dependent on Property Values Rising
    Portland’s Pension System Is Dependent on Property Values Rising

    As long as the city enjoys robust property value appreciation and collects most of its tax levy, FDPR’s funding mechanism should remain sustainable.

    By Marc Joffe
    August 21, 2020

  • Amicus Brief: Bridge Aina Le‘a, LLC v. State of Hawaii Land Use Commission
    Amicus Brief: Bridge Aina Le‘a, LLC v. State of Hawaii Land Use Commission

    This court should grant the petition for certiorari to safeguard the landowner’s fundamental right to a jury’s determination of the effect of the government’s taking and to reaffirm the Seventh Amendment guarantee of right to trial by jury.

    August 21, 2020

  • How Contracting Improves the Service Quality and Accountability of Mass Transit
    How Contracting Improves the Service Quality and Accountability of Mass Transit

    Contracting deploys a robust set of tools to improve the service quality of mass transit systems.

    By Joe Hillman and Baruch Feigenbaum
    August 20, 2020

  • Despite Budget Deficit, Texas Must Stay Committed to Funding State Pension Plans
    Despite Budget Deficit, Texas Must Stay Committed to Funding State Pension Plans

    The state needs to maintain consistent payments to the retirement systems and adopt more risk-averse plan assumptions to protect worker benefits and prevent Texas taxpayers from being on the hook for more debt.

    By Steven Gassenberger
    August 20, 2020

  • Oregon Supreme Court Ruling Has Major Implications for Retirement Security and Hybrid Plan Design
    Oregon Supreme Court Ruling Has Major Implications for Retirement Security and Hybrid Plan Design

    The court's ruling has far-reaching implications for hybrid retirement systems like Oregon’s.

    By Leonard Gilroy and Ryan Frost
    August 19, 2020

  • Five Steps to Guide Transportation Spending and Planning During Coronavirus Pandemic
    Five Steps to Guide Transportation Spending and Planning During Coronavirus Pandemic

    An approach to understanding and addressing the new challenges the coronavirus pandemic and recession bring to infrastructure funding and planning.

    By Alan Pisarski
    August 19, 2020

  • The U.S. Supreme Court and the Contract Clause Today: Implications for Public Pension Reform
    The U.S. Supreme Court and the Contract Clause Today: Implications for Public Pension Reform

    Who would benefit the most from a “conservative” reading of the Contract Clause? Public-employee unions.

    By Alexander Volokh
    August 18, 2020

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