Latest
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States Reform Act would automatically expunge federal criminal records for marijuana offenses
Decriminalization and legalization of marijuana should go hand-in-hand with expunging past cannabis-related criminal records.
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Governments increased their use of pension obligation bonds in 2021
In September, pension obligation bonds rated by S&P in 2021 totaled $6.3 billion—compared to $3.0 billion in 2020.
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Frequently asked questions about the States Reform Act, a proposed marijuana bill
Rep. Nancy Mace (R-SC) unveiled the States Reform Act, a proposal to remove marijuana from the auspices of the federal Controlled Substances Act.
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Youngkin should prioritize modernizing Virginia’s transportation funding sources
Virginia’s highway system is lagging behind neighboring Atlantic states.
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Most public pension plans raised employee contribution rates in the last decade, report shows
The amount a public employee contributes to their pension plan has increased by 1.25% since 2011.
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Market risks remain a long-term challenge for public pension systems
Public pension plans need to remain mindful of the balance between long-term returns and the volatility risk inherent in some asset classes.
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Washington Metro’s latest issues are a symptom of poor life cycle management and procurement
Metro should consider contracting out the procurement, maintenance, and operations of the rail system to a private party.
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House Democrats’ tax on e-cigarettes would lead to millions more smokers
This proposed tax seems certain to contribute to a greater incidence of lung diseases going forward.
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What Kratom and delta-8 THC illustrate about substance regulation and criminalization
Substances like delta-8 and kratom are new entrants into what has become an “underground” market for “legal” buzzes and highs.
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Municipal bonds reveal the weaknesses of ESG investing
Recent experience shows that incorporating ESG factors into municipal investing can be a convoluted, quixotic effort.
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Even the FDA can’t convince anti-vaping advocates e-cigarettes present public health benefits
The FDA has finally approved an e-cigarette as "appropriate for the protection of public health".