On Pension Reform, Make the States More European

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In the midst of massive economic interventions, Congress should push public-pension reform.

NRPLUS MEMBER ARTICLE A s spring turns to summer, temperatures are rising outdoors and on the Hill. Last week, Mitch McConnell noted that the Senate will assess in July whether another spending bill, which the House Democrats and Trump administration already want, is needed to prop up the economy. State and local governments are clamoring for their own slice of any new pie, in some cases citing the need to shore up their underfunded pensions. For lawmakers negotiating the next round of stimulus, here’s a suggestion: Save our seniors and make public pensions more European.

The widespread economic damage wrought by the coronavirus and the

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Mike Watson is the associate director of the Center for the Future of Liberal Society at the Hudson Institute.

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