» Steve Malanga

Kasich eyes collective bargaining reform

Add Ohio Gov.-elect John Kasich to the list of new governors looking to diminish some of the power of public employee unions through changes in collective bargaining laws. Earlier this week the Cleveland Plain Dealer reported that Kasich “has made it clear that dismantling Ohio’s …

Union, school district sign reform pact

Much has been made about the face-off between teachers’ unions and school reformers in places like Washington, D.C., where schools chancellor Michelle Rhee’s efforts at reshaping the school system prompted stiff opposition from the union, including a campaign that helped unseat Mayor Adrian Fenty, who …

How do defaults occur?

California gubernatorial adviser David Crane’s remarks (see below, Financial Markets Won’t Fix Pensions) give us the straightforward approach to the inter-relationship between state debt, pensions and other obligations, which I call the ‘first dollar’ argument (that is, that bond covenants require states and municipalities to …

The Big Reset in State Budgets

What Ted Kulongoski is doing in Oregon (see yesterday’s links) is interesting for a number of reasons. His newest recommended cuts to public employee pensions are part of the latest proposals of his so-called Reset Cabinet, which Kulongoski created to help ‘reset’ Oregon fiscal policy. …