Archives: Pension Reform / Articles
Archives: Pension Reform / Articles (page 5)
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State of the State: Kentucky
On a very bright note, Bevin signed legislation into law earlier this year that officially made Kentucky a right-to-work state, an important step in attracting business and expanding freedom of choice for workers on the decision regarding unionization. A continuation of this spirit of reform bodes well for the state’s future.
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State of the State: New Jersey
The governor praised legislators for reducing the state sales tax and increasing the exclusions for the state’s estate tax; but he failed to mention the tax cut savings are almost entirely offset by the enormous 23-cent per gallon increase in the gas tax. This year’s sales tax reduction of 0.125 percent will save consumers a whopping $1.25 on a $1,000 purchase; meanwhile, the gas tax hike will cost twice this much on a single 11 gallon fill-up.
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Inaugural ALEC-Heritage Foundation Pension Reform Working Group
Along with The Heritage Foundation, ALEC successfully launched the inaugural Pension Reform Working Group on March 6. ALEC CEO Lisa B. Nelson welcomed more than 30 stakeholders from across the…
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State of the State: Oregon
Improving the Beaver State’s dismal 41 out of 50 economic outlook rank demands serious reforms. Streamlining government and reforming pensions can help address Oregon’s massive budget shortfall. Pro-growth tax reform would be another step in the right direction and would encourage more families, job creators, and taxpayers to call Oregon home.
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The Williams Report
Budget: Connecticut: Six Things To Know About The State Budget Governor Malloy attempts to address budget shortfalls through a combination of wage negotiations and increasing tax revenue.
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State of the State: Maryland
"It is encouraging that Governor Hogan is looking for ways to reduce tax burdens on hard-working taxpayers, which is a welcome departure from tax-happy past administrations that even taxed rain."
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The Williams Report
A look at fiscal headlines from statehouses nationwide.
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The Williams Report
State Budgets Arkansas: State of the State ALEC applauds Governor Hutchinson’s eagerness to pursue pro-growth economic reform in Arkansas. Arizona: Education is The “Centerpiece” Of Governor Ducey’s New…
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State of the State: Nebraska
Halfway through his four-year term, Governor Pete Ricketts recently delivered his State of the State address in Lincoln, Nebraska. He focused heavily on the need to increase government efficiency,…
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State of the State: Connecticut
“In a time of scarce state resources, are we spending this money in the best way possible?”
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New Study Exposes Cronyism within State Pensions
The ALEC Center for State Fiscal Reform just released Keeping the Promise: Getting Politics Out of Pensions, the second publication in the Keeping the Promise series on public pension…
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VIDEO: Jonathan Williams on The Wall Street Journal’s Opinion Journal Live
It's time to drain the government pension swamp.
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The Williams Report
A look at fiscal headlines from statehouses nationwide
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Pennsylvania Can’t Afford to Ignore Pension Reform
Split evenly among all Pennsylvanians, the estimated price tag for unfunded pension promises is now $16,527.
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The Williams Report
A look at fiscal headlines from statehouses nationwide
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Video: ALEC Leaders Discuss New Pension Report
As Senator Dan Liljenquist explains, pension reform is not a partisan problem, but a math problem.
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The Williams Report
"Unfunded pension liabilities for the top 50 local governments ranked by outstanding debt have more than doubled over the last decade," Moody's reports.
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Spooky, Scary Pension Fund Skeletons
If states want to keep their pension plans healthy, and avoid a virtual apocalypse of the pension undead, reform is indispensable.
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Illinois Pensions Are Underfunded by $362.6 Billion
The Land of Lincoln remains on a dangerous fiscal trajectory, according to a new report on unfunded public pension liabilities from State Budget Solutions...
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The Williams Report
U.S. states are now facing a $5.6 trillion pension funding hole...