In June 2015, unfunded pension liabilities for Texas’ state and local retirement systems grew to almost $57.5 billion, totaling more than $42,000 owed per active member. From May 2014 to June 2015, unfunded pension liabilities have increased by more than $4.3 billion.
Economy
Massive Downward Jobs Revision Reveals The Media Lied About Biden’s Economic Record
Media not only misled the public but may have delayed needed policy shifts, like Fed rate cuts. Americans deserve transparency, not gaslighting. The U.S. Bureau of Labor Statistics (BLS) delivered a body blow to the corporate media industrial complex’s narrative of a robust Biden economy. In its preliminary benchmark revision, the agency slashed its estimate...
September 22, 2025