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…

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…

One of many government programs that many Texans have no clue exists is the Texas Enterprise Fund. Millions of tax dollars are distributed from this program, yet it never receives much attention from the public. The program is administered via…

In response to our article defining the correlation between inflation and interest rates, TFR has been asked by many subscribers to explain the system that makes this possible. What is fractional reserve banking? Fractional reserve banking is a system of…

With the recent talk about inflation hitting 40-year highs at 7% this past week, there has been a lot of discussions specifically centered on what the Federal Reserve’s strategy is going to be in response. Most of you have probably…

Following the disastrous Texas blackout in February 2021, TFR created the following video explaining part of the problem and potential solutions to safeguarding the life, liberty, and property of everyday Texans.   While further reforms are most assuredly needed, action…

The Governor’s role in the budget process explained in a way taxpayers can understand.

Texas Comptroller explained in a way taxpayers can understand.

The LBB explained in a way that taxpayers can understand.

The Texas state budgetary process from start to finish in a way taxpayers can understand.