On Monday, Texas Lieutenant Governor Dan Patrick announced his legislative priorities for the ongoing 88th Legislative Session. Generally speaking, low bill numbers are reserved by leadership in both legislative chambers to reflect their prioritized legislation. As...
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The Fed Raises Rates Again
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 4.25%). This was a continued effort by the...
Are We Really Getting $15 Billion in Property Tax Relief?
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 property...
Festivus: Airing of Grievances
What is Festivus? Finding its origins in the hit '90s sitcom Seinfeld from an episode entitled "The Strike", the character George Costanza's family celebrates a holiday called Festivus as an alternative to Christmas, and a tongue-in-cheek protest to the commercialism...
What Does a Successful Legislative Session Look Like?
With the 88th Legislative Session set to begin in January, we are increasingly asked by taxpayers and lawmakers alike what winning looks like to Texans for Fiscal Responsibility. That is what we are going to discuss in this article. As many subscribers know, we...
Property Tax Bills Filed in Large Numbers, a Good Sign for Taxpayers
On Monday, lawmakers in both the Texas House of Representatives and Texas Senate began the process of prefiling legislation ahead of the upcoming 88th Legislative Session, and hundreds of bills have already been filed. 2023 will be a contentious year as the...