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.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...