CEI Today: State pension woes, a union jobs program, and state gift clauses

GOV'T PENSIONS - IVAN OSORIO


Openmarket.org: State Pension Bailout Threat


The state pension underfunding crisis has grown so severe that it has prompted most U.S. states to cut benefits, according to calculations by The Wall Street Journal and Boston College’s Center for Retirement Research. However, cuts to date have only put a $100 billion dent in a nationwide funding gap of $900 billion. Clearly, states need to do more to lower their pension liabilities.


Government employee unions are bound to oppose further proposals to curb benefits or increase employee contributions toward their pensions. For lawmakers in some states, this will make reform a harder sell.

 > Read the full commentary on Openmarket.org

> Interview Ivan Osorio

UNION JOBS PROGRAM - MATT PATTERSON & CRISSY BROWN


The Washington Times: Unions stack the deck against job creation

 

If you build it, jobs will come. That’s what Marylanders are being promised in the push to build a new casino, the state’s sixth, in Prince George’s County. County Executive Rushern L. Baker III, for example, claims that “the expansion of gaming into Prince George’s County is about the thousands of new jobs, millions of dollars in revenue to the state and county, and growing the travel and tourism industry in Prince George’s County.” The proposed casino really is a jobs program for unions.  > Read the full commentary on Washigntontimes.com


> Interview the authors

GIFT CLAUSES SAVE TAXPAYER $ - TREY KOVACS

Daily Caller: Field of cash: If you offer, they will take

 
It has become a familiar ritual. Wealthy professional sports team owners ask state and local governments to subsidize their venues, threatening to skip town if taxpayers don’t pony up. As Bloomberg News reports, 64 professional sports arenas around the nation currently receive either public financing or tax breaks. Despite national, state, and local fiscal woes, elected officials continue to spend or forgo billions of tax dollars on professional sports stadiums owned by millionaires and billionaires. Thankfully, taxpayers in 47 states have a weapon at their disposal: state constitutional provisions that restrict government aid to business. It’s time they used them.  > Read the full commentary at Dailycaller.com


> Interview Trey Kovacs

UPCOMING EVENTS

Cocktail Party for Authors Yaron Brook & Don Watkins

Thursday, September 27, 2012
6:00 pm
CEI HQ: 1899 L Street, NW, 12th Fl, Washington, DC


You are cordially invited to join
Yaron Brook and Don Watkins
at the Competitive Enterprise Institute for a cocktail party celebrating the publication of FREE MARKET REVOLUTION: HOW AYN RAND'S IDEAS CAN END BIG GOVERNMENT


RSVP: cjohnson@cei.org


Animal Biotechnology: From Frankenfish to Enviro-pig

Thursday, September 27, 2012
12:00 pm – 1:30 pm
Room 1300, Longworth House Office Building

 

Despite their potential environmental and consumer benefits, products that can be demonized as FrankenFish or EnviroPig are being delayed by regulatory intransigence, public confusion, and political indecision. With no clear path forward, many products are now being sent overseas to countries with more responsive regulatory climates.

 

 

NEW BOOK!

THE LIBERAL WAR ON TRANSPARENCY - CHRISTOPHER C. HORNER

CNSNews.com:
Author: Journalists 'Cover Energy And Environment Subjects As Liberal Activists,' E-Mails Show


Liberals claim to support transparency in government - until conservatives start finding shady things through Freedom of Information Act (FOIA) requests.


New York Times bestselling author, litigator, and Competitive Enterprise Institute senior fellow Chris Horner has been filing such FOIAs for years and has turned up Obama's "true plan" for cap-and-trade, a close relationship between an energy official and a Solyndra director - and more. Horner's quest for public information, labeled as "criminal" by one Obama agency head, will be detailed in his upcoming book, "The Liberal War on Transparency." > Read the CNSNews.com article by Julia Seymore



 

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