Spotlight On The 87th: HB 1698
Primary election season is upon us, and it is a great time to look back and review some of the more fiscally irresponsible votes lawmakers claiming to be "conservative" on the campaign trail took before we decide to trust them again with our support. Today we are...
Potential Resurrection of Additional Corporate Welfare in the Works
On Wednesday, Texas House Speaker Dade Phelan (R) took to Twitter to talk about a speech he gave at the annual Ad Valorem Tax Conference hosted by the Texas Oil and Gas Association in San Antonio. Among the issues he indicated he discussed was his support for...
A Somber Milestone Also Marks Bleak Outlook for the Prosperity of Future Generations
$30 trillion. Written another way, $30,000,000,000,000. It is a number that is generally unfathomable and difficult to truly understand or conceptualize by everyday Americans. It also represents the money owed by the United States Government or more importantly the...
Explainer: How does the Texas Budget Work?
The Texas budgeting process is one that very few people actually understand in Texas politics, let alone how lawmakers arrive at a finalized budget for the next two fiscal years. In this explainer, we aim to give a simple overview of the process in a way that is easy...
Explainer: What is the Texas Rainy Day Fund?
Most Texas taxpayers have probably never heard of the Economic Stabilization Fund (ESF) or as it's sometimes referred to, "the Rainy Day Fund." Our assumption is that lawmakers are content to keep the ESF hidden because if most taxpayers knew the reality of how it is...