Representative Virginia Foxx (R-NC) was recently quoted as saying that H.R. 397 is nothing more than a "full taxpayer bailout of private-sector multiemployer pension plans". In a blog post from yesterday, I questioned whether this particular loan program would, in...

There has been an immediate and positive response to our most recent blog post titled, "Talk IS Cheap, Rep. Foxx". One of our followers asked the following question: "If the U.S. Treasury borrows (by issuing long-term debt) the funds and...

As many of you know, the "Butch Lewis Act" is back before the 116th Congress as H.R. 397: Rehabilitation for Multiemployer Pensions Act. The proposed legislation now has 177 cosponsors, including 8 Republicans. Importantly, by a vote of 26 to...

Good morning. This is the last day that the KCS blog will be produced. However, you will soon be able to get similar insights from the Alan Biller website (alanbiller.com) where a new blog will begin soon. I would like...

We are pleased to bring to your attention the fact that Congressman Richard Neal's proposed legislation, H.R. 397 - Rehabilitation for Multiemployer Pensions Act - is getting support from members of both parties. In fact, there are currently 19 co-sponsors...

According to a recent article in CIO Magazine, the Dallas Police and Fire System's new CIO, Kevin Custer, wants to both "improve fund liquidity and shift our growth engine predominantly to the public equity markets". In order to implement the...

And now, the end is near And so I face the final curtain My friend, I'll say it clear I'll state my case, of which I'm certain... Mr. Frank Sinatra sang the above lyrics in the song "My Way". The...

I truly appreciate all the feedback that we/I get from the posts that we produce. Below is a response to my latest post, "So Out Of Touch!", but it easily could have been in reference to our recent post titled,...

Six days ago we published a post ("Hope That This Wasn't A Surprising Revelation") on the impact that student loan debt was having on the housing market. Well, two days ago we got a glimpse of just how painful this...

It would be really nice to read stories about Washington DC politicians who truly understand what is happening to every day Americans, whether they are currently being impacted by the government shutdown or just life in general. However, we get...