Originally Posted by
FDXLAG
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You are not comparing Apples to Apples. Show me michigans retirement system unfunded liabiites. The Texas budget will be balanced. Is the $10 billion tX has in their rainy day fund included in your percentages??
I'm trying to keep up with your shifting argument. I thought the Texas budget was balanced. How about you take a little time to research before you post. California's pension problem is far from the worst in country. Again MI's budget shortfall is 6% of their budget and TX's is 31%. You may not like those apples but the facts are valid and things aren't so rosie in the right to work state of Tex-***