News
Student Loan Forgiveness: Potential Fuel to the Inflation Fire
Why pay off your debt if you can get your fellow Americans to pick up the tab? Traditionally, if an individual takes out a loan, it is with the promise that it will be paid back. But evidently, that dynamic…
Despite Promises From Appropriators, No Major Cities Are Adopting the No-New-Revenue Rate
It’s that time of year again: local governments across Texas are considering their budgets for the next fiscal year and setting their tax rates to support such spending. This year is special for Texas taxpayers because it is a year…
Upcoming Opportunity for Texas Taxpayers to Opine on Growing Property Tax Problem
As state lawmakers prepare for the 2023 legislative session in the coming weeks, Texas taxpayers have an opportunity to address them on issues like their ever-increasing property tax burdens. Texas House Ways & Means Committee The Texas House Ways…
Abbott Spends $1,400 per Bus Rider to Help Biden Keep Illegal Immigrants in America
Currently in Texas, immigrants caught crossing the border illegally can volunteer to be put on charter buses, which are primarily paid for by Texas taxpayers. These immigrants are then securely bused to either Washington, D.C., or New York City. This…
No Such Thing as Failing Schools in Texas, Sort Of
An announcement from the Texas Education Agency (TEA) on Monday came with great news! According to them, there is no such thing as a failing school in Texas … kind of. The TEA just released its newest accountability ratings for…
House Speaker Wants to Renew Controversial Corporate Welfare Program
Last week, Republican Texas House Speaker Dade Phelan made headlines for his comments at the West Texas Legislative Summit in San Angelo, Texas, where he indicated that the House will take a “long, hard look” in the next legislative session…
Abbott Forecasts ‘Biggest Property Tax Cut in Texas History’
Recently, Texas Governor Greg Abbott gave the keynote address at the 18th annual West Texas Legislative Summit in San Angelo, Texas. In the address, he talked about property taxes and other issues in his plan for the upcoming legislative session….
Democrat Lawmaker Suggests Expanding Medicaid is Wise Fiscal Policy
Democrat State Rep. Bobby Guerra (Mission), who “boasts” a career rating of an F on the Fiscal Responsibility Index and scored a dismal 17 out of 100 in the most recent legislative session, recently took to the Rio Grande Guardian…
They Dare Not Call it a Recession
Thursday, Americans woke up to the news that the U.S. economy continued to contract for the second straight quarter. For Americans who have been experiencing a higher cost of living in the last year or so, it is not necessarily…
Do Not Let Texas Lawmakers Plunder Our Money
Last week, Texas Comptroller Glenn Hegar announced an updated revenue estimate, which increased our continually growing budget surplus by nearly $14 billion. Yes, you heard that right $14 billion more! This raised the previous estimate from roughly $13 billion to…
Texas Comptroller Glenn Hegar Announces Historic Surplus in Updated Estimate
Thursday, Texas Comptroller Glenn Hegar released his updated revenue estimate for the state of Texas. Previously the surplus estimate coming off of the most recent legislative session was around $8 billion. This estimate was updated in November of 2021 to…
Texas Comptroller To Announce New Revenue Increase On Thursday
Tuesday, the House Appropriations Committee held its first interim hearing to consider some of their assigned interim charges involving the state budget. Among the invited testimony was that of Texas Comptroller Glenn Hegar, who came to give a general update…
Texas GOP Platform Includes Texas Prosperity Plan
Wednesday, the Republican Party of Texas released its 2022 Platform as approved by delegates to its State Convention in mid-June. Among the 274 ‘planks’ or policy positions were all three of the items set forth in Texans for Fiscal Responsibility’s…
Texas GOP Announces Legislative Priorities for Next Two Years
Wednesday, the Republican Party of Texas announced the final list of 8 legislative priorities, approved by delegates to the state convention which took place last week. This announcement is notable for several reasons, chief among them being that the state…
Abbott Signals Property Tax Cuts, What About Elimination?
In an interview with The Texan, Texas Comptroller Glenn Hegar indicated that it is possible Texas will have an estimated $30 billion account balance when the Texas Legislature reconvenes in January of 2023. In March, we reported that it was…