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Texas Pension Woes
(Private Enterprise Research Center, Texas A&M University, 2021-04-12)
The unfunded liabilities from Texas’ many state and local defined benefit pension plans, or the amount a pension fund’s assets cannot cover its liabilities, have snowballed over time and have recently reached unprecedented ...
Federal Liabilities: 2021 Update
(Private Enterprise Research Center, Texas A&M University, 2021-06-11)
The 2020 Financial Report of the United States Government (FRUSG) identifies total federal liabilities of $32.7 trillion as of September 30, 2020. The debt held by the public, $21.1 trillion, comprised 62% of these ...
Analysis of the Biden Proposal to Equalize Saving Incentives
(Private Enterprise Research Center, Texas A&M University, 2020-10-16)
Democratic Presidential Nominee Joe Biden has proposed replacing the current tax deductions on contributions to 401(k) retirement accounts with a uniform refundable tax credit that would be deposited into the taxpayer’s ...