Blog
Cut Down On Unfunded Mandates, Part III
In my last post, I discussed the ways in which Rep. Virginia Foxx’s (R-N.C.) Unfunded Mandates Information and Transparency Act (UMITA) updates and improves…
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Time To Reform Unfunded Mandates
Blog
Pension Fund Activism Threatens Workers’ Retirement Security — And Taxpayers
While the underfunding of union pensions cannot be ascribed to any one cause, there is one that is troubling because it is so avoidable: pension…
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To Fix The PBGC, Free Its Premiums
Setting the heavily underfunded Pension Benefit Guaranty Corporation (PBGC) on a sound financial footing has got to be one of the toughest jobs anywhere. The…
Blog
The Coming Public Pension Meltdown
While the impact of the Governmental Accounting Standards Board’s (GASB) new public pension reporting requirements won’t be known for some time, some indications of its…
Blog
Cut Down On Unfunded Mandates, Part II
In my last post, I explained the concept of unfunded mandates, and why we need to find a way to curb Congress’s ability to pass…