Latest
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Arizona passes prefunding program for state retirement system
The Arizona State Retirement System is now one of the few statewide pension systems that has a dedicated contribution prefunding program.
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Is Texas’ definition of an actuarially sound public pension system outdated?
With this year's high inflation rates hitting retirees living on fixed incomes the hardest, it is not surprising that retiree groups and their allies are advocating for a cost-of-living adjustment.
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Biden administration grants Puerto Rico a waiver, but the Jones Act should be repealed
The Jones Act’s worst impacts are after a disaster, but even during the best of times this law has Puerto Ricans paying more.
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Pension Reform News: ESG debates, public pension plans’ worrying investment results, and more
Plus: Best practices for pension debt amortization and why state-run pension systems need to plan for recessions.
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California’s Prop. 28 would erode local control of education budgets
California's Proposition 28 would dedicate $800 million to $1 billion a year for arts and music programs.
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Recapping Tennessee’s historic school finance reform
The 2022 reform was a major positive shift in how Tennessee funds public education.
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Has Texas defunded public schools?
Between 2002 and 2020, inflation-adjusted education spending in Texas increased by 16%, going from $11,473 per student to $13,346 per student.
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Biden’s marijuana pardons are a good step, but descheduling marijuana would be a massive step
“Too many lives have been upended because of our failed approach to marijuana. It’s time that we right these wrongs," President Biden said.
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Surface Transportation News: Priced managed lanes rebound from pandemic, vehicle electrification concerns, and more
Plus: Policies for managed lane networks, urban-automated vehicles, Rhode Island heavy truck tolls, and more.
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Occupational licensing undermines some of the value of technological innovation
The share of U.S. workers required to hold an occupational license has exploded from around 5% in 1950 to 25% in 2020.
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States prepare for interstate commerce in cannabis
Congress should act swiftly to implement an orderly interstate marijuana market through a vehicle such as the States Reform Act.
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Politics and ESG endanger public pension plans and workers’ retirements
Attempting to impose politically-motivated investment controls of any kind on public pension plans violates core fiduciary standards.
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Abolishing Oklahoma’s death penalty would be good for justice and for taxpayers
Since 1981, 10 people in Oklahoma have been exonerated while on death row awaiting execution.
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Finding consensus on environmental and permitting reforms to build needed infrastructure
Needless delays, bureaucracy, and litigation are increasing costs and preventing the U.S. from building 21st-century energy projects, highways, transit, and more housing.
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State-legal cannabis businesses pay astronomically high federal taxes
The proposed States Reform Act would drastically reduce the federal tax burden facing legal cannabis companies and lay the groundwork for a stable legal marketplace.
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Federal RAISE grants continue to fail to prioritize key transportation projects
Of the 166 projects awarded RAISE grants, just over half were directly related to transportation.
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Democratic treasurers defend ESG investing
But data doesn't back up their claim that buying the stocks of ESG-oriented companies will produce better long-term investment returns.
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