Young adults between the ages of 19 and 29 represent one of the largest and fastest-growing segments ofthe U.S. population without health care coverage. In an effort toensure that all Americans are insured a growing number of states have enacted legislation to allow children to stay on their parents' health insurance plans well into adulthood.
As states face mounting deficits, corporate lobbyists have been promoting the idea that privatization of public services and assets is a free lunch -- services can be delivered more cheaply than by public employees and public assets like highways can be sold or leased for a hefty return to the taxpayer. As PSN has detailed in our December 2007 report Privatizing in the Dark: The Pitfalls of Privatization & Why Budget Disclosure is Needed, the promises of privatization too often yield to a reality of lost money and degraded services, weak oversight and lost expertise, assets sold off for short-term gains but long-term loss, lost democratic accountability, and the corruption of the political process.
According to a new study by Good Jobs First, state and local governments lost over $1billion in sales tax revenue
last year as a result of laws that allow retailers to retain a
percentage of the sales tax they collect.