Today, the Federal Open Market Committee released the minutes from their most recent meeting. The most significant news was that they hiked the interest rate by 25 basis points to give us a total federal rate of 4.5% (up from…

Property taxes are a contentious issue for many people, with some (mostly local government officials) arguing that they are an important source of funding for government services. In contrast, Texans for Fiscal Responsibility (TFR) and many Texas taxpayers argue that…

Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss the recent Texas Senate committee assignments, as well as Texas Lt. Gov. Dan Patrick appearing to flip-flop over the details of school choice and how such legislation would affect…

It is National School Choice Week, and if you have been paying attention at all over the last few years, you are probably aware that a massive wave of school choice legislation is being implemented across the country. Much of…

Recently, the House and Senate released their versions of the appropriation bill. House Bill 1 and Senate Bill 1 respectively lay out the biennial budget for the 2024-2025 biennium. Texans for Fiscal Responsibility has already highlighted that $15 billion in…

Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss the inauguration of Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick as well as the legislative priorities they mentioned as a part of their speeches. We also discuss…

Today, both the Texas House and Senate have released their budgets. Both the House and Senate appropriation bills provide $15B for property tax relief, with $12B to compress Maintenance & Operations rates by 7.75% and $3B to increase the homestead…

It seems like every two years, just as the legislative session begins, so too do the conversations about expanded gambling in Texas. Most recently, Texas House Speaker Dade Phelan (R-Beaumont) made comments that seem to signal he is in favor…

Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss what occurred in the first week of the 88th Legislative Session, as well as the details of the fiscal update we received from Texas Comptroller Glenn Hegar with guest…

Only two days into the 88th Legislative Session, both legislative chambers made a mad dash to give their offices as much money as they could squeeze out of Texas taxpayers. Growing Government As expected, they used the usual excuses: to…

Texans for Fiscal Responsibility has issued the following vote notice for January 11, 2023 (Day 2 of the 88th Legislative Session): Texas House of Representatives Subject: Housekeeping Resolution, House Resolution 3 (HR3) Subject: Rules Resolution, House Resolution 4 (HR4) Texas…

On Monday, Texas Comptroller Glenn Hegar released his long-awaited Biennial Revenue Estimate (BRE) ahead of the 88th Legislative Session, which begins today. The BRE is an estimate of the revenue that the State of Texas expects to receive through the…

Texans for Fiscal Responsibility has issued the following vote notice for January 10, 2023 (Day 1 of the 88th Legislative Session): Texas House of Representatives Subject: Speaker of the House Texas Senate Subject: Senate Caucus Report, Senate Resolution 1 (SR1)…

On Monday, Texas Comptroller Glenn Hegar released his long-awaited Biennial Revenue Estimate (BRE) ahead of the 88th Legislative Session, which begins Tuesday. One key takeaway from Hegar’s announcement, outside of the estimate lawmakers can spend, was that the historic budget…

Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we preview what is ahead as the 88th Texas Legislative Session begins next week. We also discuss the ongoing U.S. Congressional chaos related to the selection of a Speaker of the…