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.
What the Private Sector can Teach the Public Sector about Efficiency
Recently, former President Trump floated the idea of creating “a government efficiency commission a federal commission to audit the entire federal government.” And even better, he suggested putting Elon Musk in charge of the commission, saying he is a great “cost-cutter.” Unleashing a commission of this nature on the federal government, led by a titan...