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TFR Calls for Third Special Session to “Ax the Tax”

Today, Texans for Fiscal Responsibility sent a letter to Texas Governor Greg Abbott (R) requesting that he immediately call a third special legislative session, to address a host of pressing issues affecting all Texas taxpayers and families.  It is already…

NewsFederal

Federal Reserve’s Upcoming September Meeting

Rate Hike Speculation and Recession Concerns for 2024 On Tuesday and Wednesday of this week, the Federal Reserve’s Federal Open Market Committee (FOMC) will meet to discuss the state of the US economy, the ongoing threat of inflation, and possible interest…

News88th TXLege

Pushing Back Against Compromise School Choice Efforts

The Texas Legislature is widely expected to convene in yet another special legislative session in the coming weeks. This time they will reportedly focus on education freedom and parental choice or school choice and salary increases for government school teachers….

News88th TXLege

Dan Patrick Demands Audit on Failed House Impeachment Attempt

After this exciting weekend, there is no doubt that you have heard that the Texas House Board of Managers’ attempt to impeach Texas Attorney General Ken Paxton has failed. On Saturday Paxton was acquitted on all charges and able to…

NewsFederal

Stop the Spending Spree: US Freedom Caucus Opposes Status Quo as Possible Shutdown Looms

With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill, using…

NewsFederal

In Latest CPI Release, Inflation Rears Its Ugly Head Again

After months of significant declines in CPI inflation, today the CPI (Consumer Price Index) numbers for August showed a resurgence of inflation in the U.S. In August, the CPI rose by 0.6 percent on a seasonally adjusted basis, marking a…

NewsFederal

August Jobs Report: Rising Unemployment and Dissatisfaction

The US economy under President Biden continued its mellow pace in August, as Americans continued to strain under the burdens of record inflation, rising interest rates, and economic uncertainty.  The U.S. Bureau of Labor Statistics released its raw jobs report…

Commentary

Another Year, Another Debt Milestone

$33 trillion. Written another way, $33,000,000,000,000. The U.S. National Debt is estimated to surpass $33 trillion in a matter of days. Sadly, milestones like these seem to have become all too regular. Just one year ago I wrote a similar…

NewsLocal

Last Call for Texas Taxpayers: Final Chance to Challenge Rising Taxes and Local Spending

Every year in August and September, Local Governments across the Lone Star State set about the task of proposing and then adopting their tax rates and budgets for the next year. Last month, TFR reminded Texas taxpayers about the impending…

Commentary

The Ginn Economic Brief: U.S. Economic Situation—September 2023

Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Remains Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report…

NewsState

Under Threat: Local Government Preemption Bill Challenged by Liberal Cities in Court 

This Friday, the first of September, roughly 800 new laws passed by the Texas Legislature and signed by Governor Abbott are going fully or partially into effect for the first time.   One of those bills designed to protect Texans from…

NewsLocal

By The Numbers: A Look at the Recent Property Tax Rate and Budget Proposals Across Texas

Earlier this month, TFR reminded Texas Taxpayers that the time of local budget setting and property tax rate adoptions was rapidly approaching.  Now, just a few weeks later, many major cities and counties across the Lone Star State have put…

Research

Texas Local Governments Must Limit Spending And Eliminate Property Taxes

Overview Debt A recent report by the Texas Bond Review Board notes that Texas’ total outstanding local government debt is $280 billion, resulting in debt per capita of $8,869. This puts Texas’ local debt per capita in third place of…

News88th TXLege

Nearly 800 New Laws on the Horizon

This Friday, September 1st, 2023, marks the day nearly 800 new laws, passed by the 88th Legislature, go into effect. Of those, several will impact Texas taxpayers directly both immediately and into the future.  For Texas taxpayers, the 88th Legislative…

NewsState

The Ginn Economic Brief: Texas Economic Situation – August 2023

Texas is a leader in job creation over the last year and since February 2020. But Texas faces major headwinds as the recently ended 88th Legislature looked more like California than what is expected from the free-market bastion of hope…