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The Authorities Budget Office released a report today that identifies state and local authorities that have not filed a budget, annual and/or audit report for the most recent reporting period as required by new Public Authorities Law.

The Authorities Budget Office released a report today that identifies state and local authorities that have not filed a budget, annual and/or audit report for the most recent reporting period as required by new Public Authorities Law.

ALBUQUERQUE, NM – A coalition of voting rights groups scored a major victory yesterday in their lawsuit against New Mexico’s Human Services Division (HSD) and Secretary of State Mary Herrera, with a ruling by a U.S. District Judge that the State of New Mexico is in violation of the National Voter Registration Act (NVRA). 

Washington DC — House Speaker Nancy Pelosi has appointed Stephen B. Heintz to serve on the newly created Commission on Key National Indicators.

Washington, DC — The need for our nation to rebuild the middle class — the real engine of our economy — was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.

Brenda Wright joins a panel discussion on money in politics at Allegheny College

Washington, DC — The need for our nation to rebuild the middle class-the real engine of our economy-was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.

Washington, DC — A collaborative effort of The Century Foundation, Demos and the Economic Policy Institute (EPI), Our Fiscal Security today released Investing in America’s Economy: A Budget Blueprint for Economic

By 1995, there were more 401(k)s plans than traditional pension plans. Now there are about twice as many. And they're not working out that well, Robert Hiltonsmith, a policy analyst at the think tank Demos, shows in his paper "The Failure of the 401(k)."

The failure, experts say, basically, is this: The typical worker approaching retirement needs about $250,000 in a 401(k). Most don't come close. The average is closer to $98,000 - only a bit more than a third of the recommended amount.

By 1995 there were more 401(k)-type plans than traditional defined-benefit plans. Now there are about twice as many. And as Robert Hiltonsmith, a policy analyst at the think tank Demos, documents in a new report, they’re not working out that well.

Retirement experts say average workers approaching retirement need about $250,000 in their 401(k)s to maintain their standard of living. They don’t have it. The number is closer to $98,000—not much more than a third of the recommended amount.