Public pension costs represent a significant portion of city and county government spending. As public pension costs rise, the risk increases for taxpayers and beneficiaries alike. Transferring control of these plans to local voters is a good first step toward more sustainable pensions statewide.
The Rise of UBI in Texas Should Prompt Legislative Action
More and more, Texas’ left-leaning local governments are embracing universal basic income (UBI) programs and guaranteed basic income pilot projects. In turn, these welfare state expansions are raising serious legal and policy questions related to the Constitution, economics, and the rule of law. Despite these concerns, a growing number of major cities and counties are...