Without major program changes, CLASS will face a financial crisis that could lead to a financial bailout rivaling anything we have seen to date.

An analysis of why current public sector pension accounting standards understate liabilities and encourage excessive risk-taking

Some public pension plans want to hide the truth from taxpayers.

At this event, panelists discussed the current health care reform bill and Mitchell E. Daniels Jr. delivered a keynote discussing the impact of health care reform.

Current state pension accounting practices are inaccurate and outmoded; a more accurate accounting demonstrates that state pension funds are underfunded by more than six times the amount the plans report.

The authors of the November 2011 Heritage Foundation report “Assessing the Compensation of Public-School Teachers” respond to questions and concerns, in the process showing that certain critical accusations—such as undercounting teachers’ work hours or overestimating retirement benefits—are simply false.

This article provides an overview of the U.S. health care reform debate and legislation, with a focus on health insurance.