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THE LATEST FISCAL NEWS

Dive into updates that matter to your family’s wallet. Read about state budget updates, property tax reforms, and efforts to cut government waste.

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Commentary: Texas Is Overfunding Public Education

Commentary: Texas Is Overfunding Public Education

The State of Texas is pouring unprecedented amounts of taxpayer money into public education with little to show for it.  From the 2014-15 school year, to the 2022-23 school year, total education spending surged 53% to $92.4 billion, while per-student spending...

New Staff, New Goals, New Candidates

New Staff, New Goals, New Candidates

The shakeup in the world of the Texas House has continued over the last few weeks, as Speaker Phelan hires a new Chief of Staff, the Speaker’s race has now expanded to three challengers, and more.  New Staff  With Dade Phelan’s Chief of Staff, Enrique...

It’s Time to Relieve Texas Families 

It’s Time to Relieve Texas Families 

Texas families are facing an affordability crisis that is being exacerbated by property taxes: a never-ending tax that, fundamentally, serves as a form of perpetual rent to the government.  While the Legislature has taken steps recently to address the rising...

Austin ISD Seeking to Raise Property Taxes Even Further

Austin ISD Seeking to Raise Property Taxes Even Further

Last month, the City of Austin proposed a massive city budget of $5.9 billion, an increase by over $400 million from the previous year. As reported here at Texans for Fiscal Responsibility, implementation of this radically careless budget would cost Austinites an...

Foreign Land Ownership and the American Dream 

Foreign Land Ownership and the American Dream 

The American Dream Land ownership has always been deeply intertwined with the American identity. From the earliest days of settlement, land was seen as foundational to liberty, independence, self-determination, and economic opportunity.  Colonists and immigrants...

The Real Size of Texas Government

The Real Size of Texas Government

Executive Summary The only thing the Texas Legislature must do when they meet every two years is adopt a budget. Not surprisingly, with years of practice they have gotten pretty good at spending taxpayers’ money. For instance, the Legislature appropriated $323.8...