Time for another Texas vs. California update: California’s unfunded health care obligations for retired employees hits $72 billion. (Hat tip: Pension Tsunami.) Meanwhile, the state comptroller says that California’s unfunded pension liabilities has hit $198 billion. (Ditto.) California may extend benefits to illegal aliens taking advantage of Obama’s amnesty. Speaking of which, both California and … Continue reading Texas vs. California Update for December 17, 2014