Archives: Thomas Savidge / Articles
Archives: Thomas Savidge / Articles
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Sound Pension Reform Helps States Keep the Promise
Recently, ALEC published Unaccountable and Unaffordable, 7th Edition, the annual report analyzing unfunded pension liabilities for every state, as part of ALEC portfolio of 50 years of Trusted…
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Learn from the States to Avoid a Shutdown in D.C.
With the 22nd government shutdown of the past five decades looming, many Americans are concerned about losing access to various public services. Don’t fret! The IRS, America’s favorite…
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Fitch Downgrade Could Mean Medicaid Cuts: Brooklyn Roberts and Thomas Savidge in The Wall Street Journal
Brooklyn Roberts, senior director of the Health and Human Services Task Force and Thomas Savidge, research director at ALEC’s Center for State Fiscal Reform recently co-authored an…
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States Must Respond with Discipline After Credit Downgrade: Lee Schalk and Thomas Savidge in The OC Register
Lee Schalk, ALEC Vice President of Policy, and Thomas Savidge, Research Director of the Center for State Fiscal Reform, co-authored a new op-ed in…
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Liability Trap? Harvard Paper on ALEC Model Policy Gets Debunked
In February, the Harvard Law School Forum on Corporate Governance published a paper titled “The Liability Trap,” claiming that ALEC model policy would create a “legal quagmire” for fiduciaries…
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Iowa Adds Truth and Transparency to Property Taxes
Iowa lawmakers and Governor Kim Reynolds delivered a bipartisan win for Iowans this week, as Truth-in-Taxation became the latest free market policy solution signed into law in the Hawkeye…
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North Dakota Achieves Extraordinary Pension Reform
On April 29, North Dakota Governor Doug Burgum signed a historic pension reform bill into law protecting public employees and taxpayers from growing unfunded liabilities. House Bill 1040…
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CalPERS and CalSTRS Know Fossil Fuel Divestment is a Recipe for Disaster
In the Golden State, the California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) are waking up to the fact that divestment hurts…
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With First Veto, President Biden Fails to Learn from California: Lee Schalk and Thomas Savidge in The Orange County Register
Lee Schalk, ALEC Vice President of Policy co-authored a guest column in The Orange County Register with ALEC Center for State Fiscal Reform Research Director Thomas Savidge, explaining why…
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Sunshine Week Spotlight: Transparency at the Expense of Greater Federal Control?
In December 2022, the President signed the National Defense Authorization Act for Fiscal Year 2023 (NDAA) into law. Buried deep within the nearly 4000-page bill is a mandate that…
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Arizona Senate Votes to Protect Pensioners and Taxpayers
Last week, the Arizona Senate passed Senate Bill 1500, a bill to keep politics out of state investments. This bill is currently in the Arizona House of Representatives. This…
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Congress Votes to Keep Politics Out of Pensions
On February 28, the U.S. House of Representatives passed H.J. RES. 30, and on March 1, the U.S. Senate passed S.J. Res. 8. These identical resolutions state that…
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Sky High Unemployment Benefits Creating a Dangerous Incentive: Thomas Savidge on NTD News
Thomas Savidge, Research Director at the ALEC Center for State Fiscal Reform, recently told NTD News that government policies are partly to blame for the nation’s labor shortage. Savidge:…
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Worker Shortage Continues as Some States Offer Six Figures to Stay Home: New Report
A new study, “Paying Americans Not to Work,” by economists Dr. Casey Mulligan and Dr. EJ Antoni at the Committee to Unleash Prosperity finds that government payments and…
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California Needs a Fiscal Rules Revival: ALEC in The Orange County Register
In their latest op-ed for The Orange County Register, ALEC Vice President of Policy Lee Schalk and Center for State Fiscal Reform Research Director Thomas Savidge explore the history…
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Inflation Ramps Up
The US Bureau of Labor Statistics just released the latest Consumer Price Index data and it doesn’t look good. While some pundits might focus in on the one-month percent…
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On Whose Tab? State Bonded Obligations Exceed $1.23 Trillion
The 4th edition of State Bonded Obligations reveals that states have issued over $1.23 trillion in bonded debt, equal to $3,700 for every man, woman, and child in the…
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Tax Rates Impossible to Ignore as New Yorkers Migrate South
As the New York Times recently reported, New York City saw record levels of residents moving out of the city during the first year of the COVID-19 pandemic. According…
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Michigan Has the Right Idea: Keep the 2017 Federal Tax Cuts
Last week, the Michigan State Senate adopted a resolution sponsored by State Senator Jim Runestad (White Lake) calling on the United States Congress to extend the Tax Cuts and…
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The Empire State Puts Politics Ahead of Pension Promises
Earlier this year, the New York State Comptroller announced that the State’s pension funds would divest from 21 energy companies. As shown in Unaccountable and Unaffordable, New York…