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
‘Sparkle Beach Ken’ Is Too Kind To Gavin Newsom
The California governor correctly figures that if he stays on offense, his own dismal record will be ignored — even if that offense is odd. Being Gavin Newsom means never having to explain yourself — being able to hurl accusations and nonsensical claims with nary a follow-up from the press. Newsom’s foray into the World...
January 23, 2026