Penelope Lemov

Recent Articles

• A Third Way for Public Pensions: Adjustable Pension Plans
• May 16, 2013
• Defined-benefit plans put all the risk on states and localities; defined-contribution plans put it all on employees. Now there's a new approach to risk sharing.
• 3 Comments

• Gun Debate Revives the Pension-Investment Dispute
• Apr 30, 2013
• When there’s public outcry over something -- whether it’s gun control or apartheid -- states and cities reevaluate what their pension plans invest in. But should they be social investing at all?

• Do Tax Breaks for Senior Citizens Pay for Themselves?
• Apr 25, 2013
• Cash-strapped states are questioning the tax exemptions they offer the elderly.
• 4 Comments

• What's Wrong with Kansas' Tax Reform?
• Apr 11, 2013
• According to finance experts from the left and right, it's the worst reform measure passed by a state in the last two years.
• 9 Comments

• Should States, Cities Invest in Gun Manufacturers?
• Mar 28, 2013
• It might make sense financially, but some argue it isn't ethical.
• 6 Comments

• What's the Medicaid Expansion Worth to a State?
• Mar 14, 2013
• The fiscal facts on what a state gains or loses by broadening its Medicaid roles.
• 2 Comments

• Revisiting and Replenishing Rainy Day Funds
• Feb 28, 2013
• Rainy day funds were nearly washed away by the recession. What should states be doing about them now?

• Gun Taxes and State Revenues
• Feb 14, 2013
• A handful of states and localities are considering gun and ammunition taxes. Is there any state and local revenue in this approach?
• 42 Comments

• The Muni Bond Market in 2013
• Jan 31, 2013
• Issuers may be enjoying low-interest rates when they come to market, but that doesn't mean these are the best of times.
• 1 Comments

• What to Do About the Gas Tax?
• Jan 17, 2013
• Two states, two different approaches for fixing how we pay for roads.
• 13 Comments

• The State of State and Local Finances
• Dec 13, 2012
• New studies afford a state-by-state or city-by-city analysis of fiscal well being.
• 2 Comments

• States, Estate Taxes and the Fiscal Cliff
• Nov 30, 2012
• What is the future of the 'death tax'?
• 1 Comments

• Cities, Bankruptcy Law and Pension Payments
• Nov 15, 2012
• As cities face extreme fiscal pressure, can Chapter 9 ease their pension obligations?
• 36 Comments

• Looking Past Libor
• Oct 25, 2012
• The Municipal Securities Rulemaking Board is hoping to help arm issuers with more information before they borrow money.
• 1 Comments

• States and the Federal Fiscal Cliff
• Oct 11, 2012
• The effect of higher federal taxes and sequestration cuts on state budgets and revenue.
• 1 Comments