New York Post editors pan the latest bad idea from the city’s socialist mayor. Despite a $7.1 billion hole, Mayor Zohran Mamdani has pushed back against any serious cutting to…
The Senate’s 2025-27 biennial budget proposal and House Bill 506 recommend creating the North Carolina Investment Authority (Investment Authority) to replace the State Treasurer as the financial manager of the…
Andrew Kerr of the Washington Free Beacon highlights a problem Democratic vice presidential nominee Tim Walz faces in his day job as Minnesota’s governor. Minnesota Gov. Tim Walz knew he…
Kevin Williamson of National Review Online highlights congressional Democrats’ pension bailout efforts. The so-called American Rescue Plan, which would be more accurately called the Democrats Looting the National Fisc to…
The Coronavirus is a serious public health issue, but it is also a serious financial affair. As more states declare a “state of emergency” and the governments flood their treasuries…
The magazine, Chief Investment Officer (CIO), recently published an article about North Carolina’s pension system based on a joint report between the John Locke Foundation and the California-based Reason Foundation.…
Julie Havlak reports for Carolina Journal Online on the continuing debate about reforming North Carolina’s certificate-of-need restrictions. Joseph Coletti’s Daily Journal highlights a new report on long-term challenges facing North…
Executive Summary North Carolina’s Teachers’ and State Employees’ Retirement System (TSERS) is widely recognized as being among the nation’s healthiest pension plan systems, currently almost 90 percent funded at a…
Randall Forsyth of Barron’s highlights the long-term funding problem plaguing public pension systems. State and local pensions have $8.8 trillion of liabilities, of which only 52% is funded after a…
North Carolina had the sixth-best funded pension for state employees and teachers in the country in 2017, according to the Pew Charitable Trusts. Past and present state leaders deserve credit…
Former John Locke Foundation Vice President, Jon Pritchett, writes for National Review that several states have unfunded liabilities requiring major reforms that politicians are ignoring. According to a comprehensive survey by…
Eric Boehm writes for Reason.com about the latest bad news linked to American public pension plans. After several years of steady investment growth and higher contributions from taxpayers, most of…