Latest
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Pension Reform Newsletter: Houston pension system moves into crypto investing, California pension spiking, and more.
Plus: How pension funding can impact K-12 education inequalities, New York teachers' pension plan lowers investment expectations, and more.
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CalPERS audit finds history of pension spiking in Broadmoor police department
Three former police chiefs and a former commander received improper benefits dating back to 2011.
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How federal marijuana legalization would help Colorado
Federal control over the banking system has precluded legitimate marijuana businesses from obtaining bank accounts and insurance.
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California cannabis coalition tells state leaders their industry is collapsing
California's complex regulatory system and high tax rate for marijuana products are pushing buyers and sellers to the black market.
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California’s leaders wisely challenge the federal government’s attack on state’s pension reform
Scaling back the state’s important bipartisan pension reform law would be expensive and doing so to try to secure federal funding for low-utilization mass transit projects like the Orange County Streetcar would be especially unwise.
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Privatization and Government Reform News: U.S. debt and inflation risks, New York City’s correctional staffing problems and more.
Plus: Municipalities’ impractical efforts to expand ESG investing and the latest public-private partnership news from across the country.
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The Federal Reserve should rethink its stimulative policies
Higher interest rates will pain borrowers in both the private and public sectors.
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Biden administration spent 2021 placing regulatory burdens on the transportation sector
Biden's regulatory policies are not likely to improve the short-run operations of U.S. transportation networks that face unprecedented challenges, and many are likely to raise costs and hurt performance over the long-run.
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Texas social media law violates the First Amendment
Prohibiting social media companies from engaging in content moderation would harm consumers.
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Examining the induced demand arguments used to discourage freeway expansion
Induced demand metrics need to be updated to reflect current travel behaviors and contexts.
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Outdated retirement benefits could be contributing to public employee hiring issues
The one-size-fits-all pension plans offered to most educators and public workers around the country can make working in the public sector less attractive.
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Congress shouldn’t jump the gun on NFT regulations
NFT regulations would limit growth and innovation in the industry.
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Best practices for funding low-income K-12 students
States vary substantially in how much additional funding they allocate to low-income students, how the funds are delivered, and how they identify low-income students.
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Aviation Policy News: Vertiports for regional air mobility, Congress oblivious to changing airline competition, and more
Plus: Rethinking airport charges and regulation, from bad to worse on 5G and U.S. aviation, and more.
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The new federal broadband subsidy program is already plagued by fraud
Report says providers and providers’ sales agents are driving improper enrollments in federal broadband subsidy program.
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Getting to ‘yes’ on toll-financed Interstate reconstruction
Customer-friendly tolling is the trucking industry's least-bad alternative—and perhaps the only feasible alternative —for funding the needed rebuilding of Interstate highways.
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New York teachers’ pension plan lowers investment expectations
The fully funded pension plan is set to lower its assumed rate of investment return from 7.1% to 6.95%
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It is past time to restore justice to victims of the drug war
Analysis shows the State Reform Act could reduce the federal inmate population by 2,807 individuals by 2027.