Final answer:
The provided information does not support evaluating the funded ratio of public pensions in Texas as it pertains to federal spending and government economy size, and lacks comparative data on pension systems across U.S. states.
Step-by-step explanation:
The statement regarding the funded ratio of public pensions in Texas is not supported by the given information. The information provided focuses on a variety of true or false statements related to federal spending, the size of government in relation to the U.S. economy, and specific spending trends in education and defense, among others. For example, it is false that education spending is slightly larger at the federal level than at the state and local level; in reality, education spending is much higher at the state level. Similarly, statements about state and local government spending rising substantially as a share of GDP, and defense spending being higher now than ever are also false. To evaluate the funded ratio of public pensions in Texas, comparative data on pension systems across various U.S. states would be required, which is not provided here.