The need for local control and local reform of state retirement systems (figure 2)
The restoration of local control can allow for fiscally healthy retirement plans for hard-working Texans.
The restoration of local control can allow for fiscally healthy retirement plans for hard-working Texans.
A new report from the American Legislative Exchange Council (ALEC) shows that state public pensions throughout the country are now underfunded by an astounding $5.6 trillion. The report finds that pension funding gaps are much larger than initially listed in official state financial documents, finding that the average American price tag for unfunded pension liabilities...
"Permian oil is leaving Texas ports in route to our allies in Europe now dependent on oil and natural gas from Russia and the Middle East."
"The impacts at the consumer level threaten the ability of PEC customers — most rural and many poor — to continue to afford electricity."
Public money should be spent only for public purposes and not for the primary benefit of a private business or organization. Austin lawmakers should know that. And Austin taxpayers deserve that.
The Texas Attorney General filed a lawsuit against the city of Brownsville yesterday contending that its $1 environmental fee on plastic bags and other non-reusable types stands in violation of existing state law—an argument advanced by many, including then-Attorney General Greg Abbott, 20 current members of the Texas Legislature, the Fourth Court of Appeals, and the Texas Public Policy Foundation.
While the ESF has served its purpose of covering revenue shortfalls as voters approved on the ballot, the fund has been increasingly ransacked through a two-thirds vote for non-emergency reasons.
Why is it that the liberal politicians in the states with the worst record of overpromising and underfunding their government employee retirement systems are so eager to force average citizens into a state-run retirement system?
No one seems to be concerned about workers, except employers. The federal government’s assault on Texas’ private injured workers benefit market and its expansion to other states represents a major threat to liberty and to the health of injured workers.
TPPF has publicly endorsed the Article V initiative, and is working with freedom-lovers around the country to turn this constitutional possibility into a liberty-restoring reality.
Texas has become the nation's economic engine in large part by allowing competition to thrive in markets, even in such unlikely activities as providing benefits for injured workers.
Local school district property taxes collected for M&O purposes actually perform like a state property tax.