Texas earns ‘D’ for fiscal health; 3 largest cities in top 10 for highest taxpayer burdens
Everything is bigger in Texas. But the municipal debt?
(From The Center Square)
“Texas battened down the hatches on its income statement, raising taxes while keeping current expenses,” Bill Bergman, TIA Director of Research, told The Center Square. “But its calculations for long-term obligations owing for retiree pension and health care benefits deteriorated significantly.”