Reducing the Burden of Texas' State Liabilities on Current and Future Generations
Texas Public Policy Foundation, 1-9, February 2017
12 Pages Posted: 30 May 2018
Date Written: February 1, 2017
Texas has a proven record of financial stability. Ranking 16th nationwide in fiscal health, 7th in lowest state debt per capita, and with historically high population growth rates accompanied by economic growth, these factors have kept Texas steadfast even during times of economic uncertainty. Relatively sound fiscal management has provided Texans a certain level of comfort, but increasingly evident signs of vulnerability are raising concerns about the state’s financial health.
Keywords: Pensions, Debt, Fiscal Policy
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