Tag: Marco Rubio

Portrait of Marco_Rubio_by_Matt_Johnson

The most recent effort to engage public pension plans in social investing came in legislation sponsored by Senator Marco Rubio (R-FL), which recently passed the Senate.  The relevant section (402) of S.1), a broader bill focusing on U.S. policy in the Middle East, was titled: “NONPREEMPTION OF MEASURES BY STATE AND LOCAL GOVERNMENTS TO DIVEST…

A miniature man and a miniature woman sitting with a baby on top of a stack of coins

Paid parental leave is a good idea, but this isn’t the way to do it.    I had hoped that the proposal to use Social Security to finance parental leave had died.  Unfortunately, Senator Rubio’s “Economic Security for New Parents Act” appears alive and well and was just scored by the Social Security actuaries.  T…