The Houston Business Journal cites finance fellow John Diamond's calculations on Houston's pension debt:
http://bit.ly/1RTvnnM (subscription required)
"John Diamond estimates that the true pension debt is over $10 billion, and that does not include another $2 billion we owe our employees for health care during their retirement. Additionally, that our infrastructure is in the worst shape in generations and is in desperate need of additional investment."
Mark P. Jones
May 24 2022 | Texas Politics
May 23 2022 | Foreign Policy