The system is facing a $30 billion shortfall—radical reform is needed Coronavirus has hit the economy hard. Nearly all the stock market gains from the past two or three years have been wiped out. While it’s painful for investors and retirees, it’s likely to fuel the third major PERS crisis since the dot-com bust. PERS, […]
Cascade Policy Institute has submitted a letter to the Federal Transit Administration (FTA) requesting that the agency enforce contracts with TriMet for three light rail projects: the Yellow Line, the Green Line, and the Orange Line. Each project received substantial federal funding, which came with contractual obligations to provide minimum levels of service. TriMet has […]
