FreedomWorks’ Bill of the Month for July 2017: State and Local Pension Accountability Act, H.R. 1124
FreedomWorks has selected the State and Local Pension Accountability Act, H.R. 1124, as the bill of the month for July 2017. The bill is sponsored by Rep. Brian Babin…
In Search of State Pension Reform
Recently, the public debt crisis in Puerto Rico has sparked widespread discussion about the need for public pension reform. The island territory is already $72 billion in debt, with…
Unfunded State Pensions: The Next Economic Crisis
In the last decade we have had a housing crisis, a banking crisis and a car manufacturing crisis. If student loan debt does not catch up with us first, the…
Illinois Budget Failures Continue
The State of Illinois is a basket case. Unable to control its reckless spending, the state legislature approved a budget that calls for higher spending, even though the state has…
Illinois’ Pension Crisis: The Future of American Entitlements
Sit up and take notice, Washington – the future of America’s entitlements is unfolding before you in the form of the Illinois pension crisis. Illinois’ five state-funded pension systems…
Utah Shows How to Solve the Looming Public Pension Crisis
Public employee pensions are a ticking fiscal time bomb. Nearly every state in the nation is struggling to reform their broken pension plans. For many years, public sector unions have…