Andrew McVeigh
Continued Uncertainty on the Economic Horizon
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…
Systemic Struggles: Recent Bank Failures and Their Implications
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…
EXPLAINER: Federal Interest Rates
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…
Bidenomics: Exposing the Marxist Road to American Communism
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…
Abbott Signs Texas Property Tax Relief Package into Law
After months of debate, political posturing, stalemate, and eventually a consensus deal between both chambers of the Texas Legislature, the long-awaited property tax relief package has finally been signed into law by Texas Governor Greg Abbott. Governor Abbott officially signed…
Corporate Welfare in Texas: The Ugly Truth
As the smoke begins to clear after the conclusion of the regular 88th Legislative Session and two special sessions, Texans are beginning to examine the myriad of both progress and damage accomplished by the Texas Legislature. In the damage category,…
Chairman Bonnen Kills Path to Property Tax Elimination
On Thursday, after months of stalemate, the Texas House finally took up for consideration a property tax plan intended to provide real relief to Texas taxpayers. The House convened in the early afternoon to consider the proposed plan. Senate Bill…
Legislature Reaches Property Tax Deal
The House and Senate finally reached a property tax relief deal, but is it everything that they claim it to be? On Monday, leadership in the Texas Legislature finally reached a deal ending the months-long property tax relief stalemate that…
3 Steps to Real Economic Prosperity. Will Texas Achieve It?
Governor Greg Abbott has, on several recent occasions, opined that Texas possesses the “best business climate” and is “America’s premier economic destination.” While on the surface this seems true, the emphasis by the state and local governments over the last…
Round 2: Abbott Calls Second Special Session
In the third attempt this legislative cycle, Phelan and Patrick continue the battle over property tax relief and Abbott introduces a new(ish) topic to the debate. The clash between the east and west chambers of the Texas Capitol has officially…
A Cap on Property Tax Bill Increases?
Just three days after House Speaker Dade Phelan (R-Beaumont) formed a new Select Study Committee on Sustainable Property Tax Relief in the Texas House, Chairman Dustin Burrows (R-Lubbock) sent a letter to the committee’s chairman, Morgan Meyer (R-Dallas), proposing a…
Texas Senate Doubles Down, House Forms New Study Committee
After Governor Abbott used the threat of his veto power to try and force the House and Senate to come to an agreement on property tax relief over the weekend (to no avail, despite having vetoed 76 bills), the battle…
Property Tax Relief: Where Does It Stand?
The first-called special session has officially crossed the two-week mark, and with that, not much has changed regarding actual progress to bring down the skyrocketing tax bills of Texans. Among the various bills, property tax relief plans, political rhetoric, posturing,…