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Study: New Jersey and Connecticut are the most financially distressed states
New Jersey has the most financial red flags, followed by Connecticut, California, Hawaii, Illinois, Massachusetts, North Dakota and Pennsylvania. Twenty-three states have zero red flags.
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Study: Chicago and New York City are the most fiscally stressed cities in the nation
While Chicago and New York face extreme pressure on nearly every metric, 42 of the 100 most populous cities trigger one or fewer red flags.
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Study: Nassau County and Miami-Dade are the nation’s most fiscally-stressed counties
Westchester County (NY), Prince George’s County (MD), Jefferson County (AL), Denton County (TX), and Baltimore County (MD) also have significant fiscal red flags.
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Study: Fort Bend (TX) and Gwinnett County (GA) are the most fiscally stressed school districts in the nation
School districts in Chicago, Denver, Frisco, and Omaha also have significant fiscal red flags.
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State and local government finances in America: A comprehensive analysis of debt and liquidity
Based on audited financial reports from more than 20,000 government entities, this study uses eight objective indicators to identify emerging fiscal risks.
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Medical cannabis access under probation and parole: Removing barriers to doctor-recommended treatment
Supervision systems designed to support rehabilitation and reentry should not erect barriers to medical care that is legal for all other citizens.
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Changing America’s air traffic control model: Learning from Canada
The U.S. air traffic control system is embedded in a tax-funded bureaucracy that is unable to replace ancient facilities and obsolete technology.
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The value of managed lanes networks
Examining the express toll lanes that are currently operated, under construction, planned and warranted across the country.
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Reining in discretionary grant transportation funding
Improving the federal discretionary grant funding process for transportation projects calls for returning it to a small, focused and useful program.
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Improving public sector defined contribution plans to help provide secure, adequate retirement income
A framework for policymakers and fiduciaries to evaluate lifetime retirement income options in public sector defined contribution plans, mitigate longevity risk, and improve participant outcomes.
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Out of the shadows: Tax reforms to formalize Argentina’s underground economy
Argentina's high payroll taxes and cascading levies create a tax wedge between formal and informal employment arrangements.
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How to remove TSA’s conflict of interest
Congress should devolve checkpoint and checked-baggage screening to airports, as is common practice in Canada, Europe, and many other countries.
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Annual Transportation Finance Report 2026
During 2025, infrastructure investors financed $92.4 billion worth of public-private infrastructure transactions, including transportation projects.
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Annual Aviation Infrastructure Report 2026
This report reviews developments in the United States and worldwide regarding private-sector participation in airports and air traffic control.
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Annual Surface Transportation Infrastructure Report 2026
It was a strong year for global public-private partnership activity, with 50 project closings worth $30.2 billion.
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How Connecticut’s pre-K endowment raises pension costs
Connecticut remains the second most indebted state in the nation on a per-capita basis, leaving little margin for deviation from its commitment to debt reduction.
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Advanced air mobility infrastructure: Considerations for state policymakers
Advanced air mobility services aim to bring small-scale aviation to the local and regional transportation markets currently dominated by automobiles.
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29th Annual Highway Report: Virginia and Georgia have best-performing, most cost-effective highways, while Alaska and California have worst
The study examines every state's roads and bridges in 13 categories, including traffic fatalities, pavement condition, congestion, deficient bridges, and spending.
