Daily Policy Digest

Tax and Spending Issues

Public Pension Crisis: Blame the Lawmakers

Between 1984 and 1994, U.S. public pension funds in total held just 5 percent of assets in alternatives and 50 percent in fixed income; by 2007, alternatives had doubled to comprise 10 percent of all pension fund holdings...

How Differences in the Cost of Living Affect Low-Income Families

By moving from New York to Fort Worth, Texas, a family could increase their adjusted income, or purchasing power, by $15,326...

Reforming Low-Income Phone Subsidies

In 2012, the Federal Communications Commission terminated $30 million worth of subsidies for more than 275,000 Lifeline subscribers who were not using their phones...

Regressive Taxation Burdens the Poor

The poorest 20 percent of households in Britain spend an average of £1,286 ($2,063) per year on "sin taxes"...

San Francisco Subway Has Questionable Future

In fiscal year 2012, the Bay Area Rapid Transit subway system collected just over $360 million from customers, yet paid employees nearly $380 million...

Colorado Voters Deciding How to Tax Pot

In Colorado, taxing marijuana would bring in an estimated $70 million a year, according to state fiscal analysts...

A Black Box in Your Car?

As America's road planners struggle to find the cash to mend a crumbling highway system, many are beginning to see a solution in a little black box that fits neatly by the dashboard of your car, says Evan Halper, writing for the L.A. Times...

U.S. Cities Grapple with Finances

American cities' fiscal health is lagging behind other sectors of the economy as the recovery slowly takes hold, says the Wall Street Journal...

Companies Relocate to London: Low Corporate Tax

The United Kingdom's base corporate rate is now 23 percent, down from 28 percent in 2010; by 2015, the rate will drop to about 20 percent, compared with about 29 percent in Germany and about 33 percent in France...

How Debt Ceilings Increase Debt

Congress' addiction to overspending has forced it to raise the debt ceiling more than 90 times during the past 70 years, and 15 times since 1993 alone...


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