Latest
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Testimony: Texas Employee Pension System Considers Funding Change
Over $4.46 billion of ERS's pension debt can be attributed to the way the state systematically underfunds its public employee pension system.
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Return the Highway Trust Fund to its Original Users-Pay/Users-Benefit Principle.
Virtually all of the so-called shortfall in the Highway Trust Fund is due to Congress spending money on non-highway programs.
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Don’t Buy the Myth that the Florida Retirement System Is Fine
FRS had an unfunded liability of $36 billion as of last year.
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COVID-19 Pandemic Response Illustrates Need for Better State and Local Financial Data
If every state, major city, and county produced monthly cash reports in a standardized, machine-readable format within two weeks of month-end, federal policymakers would have a much better picture of how revenues and expenditures are evolving.
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Pension Reform Newsletter: Pension Costs Are Affecting California Classrooms, Why The Florida Retirement System Needs Changes, and More
Plus: New solvency analysis of Montana and Texas pension systems, fresh thinking for retirement plan design, and more.
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More Census Data Shows Government Tax Revenue Hasn’t Been Negatively Impacted By COVID-19
The Census Bureau estimates 2020 aggregate state and local tax revenues of $1.62 trillion, or about 2 percent above the 2019 total of $1.59 trillion.
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Analysis of Florida’s Pension Investment Performance and Future Outlook Reveal Need for Reform
These interactive charts show why Florida Retirement System’s declining funding should concern the state’s employees and taxpayers.
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How to Make the Florida Retirement System Investment Plan an Effective Retirement Plan
Florida's current defined contribution retirement option does not meet the needs of public employers and employees.
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Privatization and Government Reform Newsletter: Local Revenues Exceeding Expectations, Protecting Digital Privacy, and More
Plus: Puerto Rico seeks renewables and storage, Hawaii awards Medicaid contracts, Fresno State closes on energy public-private partnership, and more.
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Testimony: Texas Pensions Would Benefit from Increased Transparency
A Private Equity Portfolio Performance report would make public specific information regarding the private equity holdings of TRS for third-party monitoring and evaluation.
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Mass Transit Systems Face Critical Challenges Now and When COVID-19 Pandemic Is Over
Public transportation is uniquely sensitive to changes in the number of people working from home, changes in commuting patterns, and concerns over public health and safety.
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Texas Bill Threatens Houston’s Financial Wellbeing
Legislation to grant mandatory arbitration privileges to the Houston Fire Department could have severe negative impacts on Houston's finances.
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Gov. Newsom’s Misguided Proposal for California’s Education Funding Formula
The key to promoting both flexibility and fairness is better transparency and California can do this with better data, not more bureaucracy.
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High-Speed Rail Is Unlikely to Play a Major Role In Achieving Climate Goals
Be wary of high-speed rail's potential to fight climate change or replace automobile and air travel in cost-effective ways.
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Arkansas’ School Funding System Is in Need of Reform
Simply pouring more money into a broken school finance system will not help the students most in need of educational assistance.
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Oklahoma’s Outdated Education Funding System Is Costing Students Hundreds of Millions of Education Dollars Each Year
Education dollars should follow students to the school they are actually attending.
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Aviation Policy News: Few U.S. Airports Being Leased, Climate Change Problem Grows, and More
Plus: A new attempt at the single European sky, questionable drone zoning proposal, and more.
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Public Health Models and Related Government Interventions: A Primer
What are the main concepts and models of public health? To which extent do public health considerations require government intervention?