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Millennials Must Recognize Need for Public Pension System Reform

After the midterm election results, there has been much talk about the young people who didn’t turn out to vote. There are around 8 million millennials, people ages 18-to-35, in California. And the conventional wisdom has been, that since they helped elect President Obama twice, they’ll continue to help elect Democrats. Although public pension reform needs to eliminate unfunded liabilities placed on future generations, millennials won’t be the only losers if our elected officials do not have...

States Take the Lead on Transportation Fund Reform

Although some members of Congress are pressing for an increase in the federal gas tax, responsibility for funding transportation projects is increasingly shifting from the federal government to the states. With gasoline prices nearing a five-year low, a chorus of voices, including several influential Republican Senators—John Thune (R-SD), Bob Corker (R-TN) Jim Inhofe (R-OK), and Orrin Hatch (R-UT)—seem to think this the perfect time to raise the federal gas tax. President Barack...

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