Rate Hike Speculation and Recession Concerns for 2024 On Tuesday and Wednesday of this week, the Federal Reserve’s Federal Open Market Committee (FOMC) will meet to discuss the state of the US economy, the ongoing threat of inflation, and possible interest…

With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill, using…

The US economy under President Biden continued its mellow pace in August, as Americans continued to strain under the burdens of record inflation, rising interest rates, and economic uncertainty.  The U.S. Bureau of Labor Statistics released its raw jobs report…

Every year in August and September, Local Governments across the Lone Star State set about the task of proposing and then adopting their tax rates and budgets for the next year. Last month, TFR reminded Texas taxpayers about the impending…

Today is Labor Day in the United States, and for those who are celebrating, resting, or firing up the grill, it is appropriate that we revisit the origins of this national holiday, and examine the state of human labor in…

This Friday, the first of September, roughly 800 new laws passed by the Texas Legislature and signed by Governor Abbott are going fully or partially into effect for the first time.   One of those bills designed to protect Texans from…

Earlier this month, TFR reminded Texas Taxpayers that the time of local budget setting and property tax rate adoptions was rapidly approaching.  Now, just a few weeks later, many major cities and counties across the Lone Star State have put…

In the intricate political landscape of Texas politics, more often than not those politicians that claim to be “Republicans” or “conservatives” advocate for fiscally responsible government, lower taxes, and less spending by government entities. Dallas Changing their Playbook? Yet, in…

Are you a homeowner? A small business owner? Farmer or rancher? Texas property owner of any kind? If you are, then this information is for you! Tax Rates Every year, local governments in Texas set a budget for their operations…

This November, Texans across the State will go to the polls to vote on fourteen (14) amendment propositions to the Texas Constitution. These proposed amendments were passed by two-thirds of both the Texas House and the Texas Senate and require…

In an official commemoration surrounded by Texas legislators, Governor Abbott ceremoniously signed and celebrated the second-largest property tax relief package in Texas history. Taking place in New Caney, Texas, and livestreamed online, Governor Abbott on Wednesday ceremoniously signed the new…

It has now been more than three years since governments across the country forced us into an artificial recession in response to COVID-19, interrupting some of the greatest economic growth and prosperity under President Trump that America had seen in…

With all the recent talk of extraterrestrial aliens and Ukraine, you might have missed the recent news story of yet another bank failure in the United States this year.  July saw another bank failure in the United States, the Heartland…

What They Are and How They Affect You Last week, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) increased the Federal Funds Interest Rates to 5.25-5.50%, for a 22-year high. This follows almost a year and a half of…

The year is 2035. Kamala Harris is in her second term as president of the United States, after serving as vice president under Joe Biden for eight years. The “Inflation Reduction Act 5.0″ and the third iteration of the Green…