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Pension Reform Newsletter – March 2018
Three states introduce major pension reform bills.
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Florida Passes First in the Nation Data Reporting Standards to Improve Local Government Financial Transparency
A new Florida law promises to greatly ease the task of gathering and analyzing local municipal finance statistics, including data on pension and other post-employment benefits.
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How Reducing Red Tape Improves Infrastructure
The streamlining of permit processes may not be as glitzy as big ribbon-cutting ceremonies, but it would be a major step in fast-tracking important projects and improving the nation’s infrastructure.
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How to Help the 18,000 Californians Who Need Kidney Transplants
Californians should aim to save thousands of lives by ending the kidney shortage, not just reducing the costs of dialysis.
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Florida’s Failed Business Incentives Offer a Cautionary Tale Of Gambling With Taxpayers’ Money
Despite spending more than their counterparts on job creation tax credits, the incentive-heavy counties realized no appreciable long-term gains in either gross or net job creation.
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Follow The Jobs: Assessing Florida’s Business Incentives Programs
The incentives programs, despite spending billions of taxpayer dollars, have not produced any meaningful or measurable positive economic outcomes for Floridians.
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The Uber Crash In Arizona and the Safety Potential of Self-Driving Cars
It would be an epic tragedy for us to accept 30,000-40,000 deaths caused by human drivers every year and reject driverless vehicles if they can’t promise zero deaths.
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S&P Global Ratings Lowers Credit Outlook for Cook County, Citing Unfunded Pension Liabilities
Cook County’s pension crisis is an explicit example of how pension underfunding can affect credit outlooks and ratings.
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New Jersey and the Rate of Return Rollback
A pension fund’s assumed rate of return is meant to represent the most accurate average long-term return on assets, but sometimes political factors are put ahead of accurate financial projections.
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Reducing Red Tape Would Expand Rural Access to High-Speed Broadband
Widespread installation of 5G using small cells could dramatically improve the lives of people living in rural areas.
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Outsourcing WMATA’s Silver Line Phase 2 Could Improve Operations
The potential to improve operations through a public-private partnership is a positive move, considering the poor track record of the Washington Metropolitan Area Transit Authority.
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Air Traffic Control Newsletter #152
Post-Mortem on 2017 US ATC Corporation Effort
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Can Interstate Tolling Be Politically Feasible?
States can use toll revenue to modernize and update Interstate highways if the program puts the interest of highway users—motorists and truckers—first.
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Ellison v. United States, Case No. 17-712
Amicus Brief to the Supreme Court of the United States
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Comment on Proposed Pesticide Experimental Use Permits
Unfounded fears about this safe technology should not prevent it being implemented as part of the solution to a serious health problem.
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Time to Separate the ATO from FAA Safety Regulation
(Article by Langhorne Bond and Robert Poole for The Journal of Air Traffic Control, Spring 2010, updated March 2018)
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How Illicit Drug Policies Undermine Good Police Work, or ‘The Toothpaste Effect’
For narcotics units, success is not measured in crime but in kilos.
