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Dem Congresswoman’s Chief of Staff Resigns Amid Sexual Harassment Allegations

Brenda Lawrence / Getty Images BY: Jack Heretik /  the Washington Free Beacon. Democratic Rep. Brenda Lawrence's (Mich.) chief of staff has resigned following allegations ...

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Democrat Congressman Accused By 10 Women Of Sexual Harassment Claims He’s The Victim

"(He began) describing different sexual acts that we could do, and I turned him down. And the more I turned ...

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Congresswoman Just Revealed That 2 Current Reps Sexually Harassed Women in Their Office

VICTORIA TAFT |  IJR   Rep. Jackie Speier (D-CA) dropped a Harvey Weinstein-like bomb on Congress on Tuesday. The congresswoman recently started the Twitter hashtag #MeTooCongress to get information ...

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Mitch McConnell Calls for Ethics Investigation of Senator Bob Menendez

By Jim E |  The Political Insider Today is not a good day for Senate Democrats. First, allegations of sexual misconduct were lodged against Minnesota senator ...

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As Sexual Assault Gains Attention, the Left’s Silence on Bob Menendez Is Deafening

Michelle Malkin / @michellemalkin /The Daily Signal  Sen. Bob Menendez, D-N.J., is on trial for 18 counts of bribery. (Photo: Bill Clark/CQ Roll ...

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Alabama GOP stands behind Moore: 'Alabamians will be the ultimate jury'

© Getty Images BY MALLORY SHELBOURNE/The Hill The Alabama Republican Party said Thursday that it is standing with GOP Senate nominee Roy Moore, despite mounting ...

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ROY MOORE: ‘THEY’RE TRYING TO SILENCE CHRISTIAN CONSERVATIVES LIKE ME’

KEELY SHARP/Godfather Politics GOP Senate candidate Roy Moore has been accused of sexual harassment. However, it’s extremely coincidental, and Moore denies ...

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80 MINUTES V. 2 MINUTES OF MEDIA COVERAGE

D JOLLY/ GREATAMERICANPOLITICS.COM I recently mentioned the difference in media coverage concerning mass shootings in Texas over the same weekend. For a ...

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Analysis: Senate Tax Plan Would Create 925,000 New Jobs, Increase GDP By 3.7%

Sen. Orrin Hatch says proposal would give a family of four a tax cut of $1,400 Getty Images BY: Ali Meyer / the Washington Free ...

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Done the right way, tax reform is a game-changer

Thank you for subscribing to my E-Newsletter! I wanted to reach out to you today to share my column in ...

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How Public Employee Pensions Make Income Inequality Worse

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By /THE FISCAL TIMES

Marc Joffe, Director of Policy Research for the California Policy Center, has written for the Mercatus Center at George Mason University, the Reason Foundation and the Haas Institute at UC Berkeley.

 The Fiscal Times/iStockphoto

 

Despite the stock market’s strong performance, public employee pension systems remain well below full funding and pressure on government budgets is building. Get ready for another round of battles over public employee benefits.

This month, UC Berkeley’s Haas Institute, a progressive research center, has stepped into the maelstrom, arguing that the problem is overblown. In a policy brief, analyst Tom Sgouros argues correctly points out that a pension plan need not be fully funded to continue making payments over long periods of time, and even questions whether 100 percent funding is an appropriate objective.

While Sgouros and like-minded public finance experts make some valid points, they may be surprised to learn that public employee pensions are becoming a driver of income inequality.

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