Sovereign Wealth Funds: A Bad Idea for Texas and the Nation
Recent proposals by President Donald Trump to establish a U.S. Sovereign Wealth Fund (SWF) and by Texas Lieutenant Governor Dan Patrick to remove the cap on Texas’s Economic Stabilization Fund (ESF) are deeply flawed. Both ideas assume that government-run investment...
Governor Abbott’s State of the State Address
A Step Toward Fiscal Reform, But More Is Needed Governor Greg Abbott’s recent "State of the State" address highlighted several important priorities for Texas. While Texans for Fiscal Responsibility (TFR) commends the Governor’s efforts to address property tax relief...
Vote Notice 2.04.2025
Texans for Fiscal Responsibility has issued the following vote notice for February 4th, 2025 Texas House of Representatives None Texas Senate Subject: Senate Bill 2 (SB 2) - School Choice Author: State Sen. Brandon Creighton (R-Conroe) Caption: Relating to...
Texas Budget Crisis Despite Robust Labor Market
Texas is experiencing economic growth, but the state government isn’t keeping pace with fiscal responsibility. In December 2024, Texas added 37,000 new jobs, marking its twelfth consecutive month of job gains. Total nonfarm employment reached a record...
Proposed Property Tax Relief Falls Short in the 89th Texas Legislature
Texans Will Get Less Than $4 Billion Out of the $24 Billion Budget Surplus Executive Summary Though it is difficult to discern from recent statements made by Texas’ legislative leaders, the Texas Senate has budgeted only $3 billion for new property tax relief this...