News and Commentary
The Texas Fiscal Size-Up: What You Need to Know
Introduction The Texas Legislative Budget Board (LBB) publishes the “Fiscal Size-Up” report after every session to comprehensively review the state’s budget and fiscal actions for the biennium. The latest report, covering the 2024-25 budget period, offers crucial insights into how…
New Federal Regulations, How Will Small Businesses Be Affected?
Thousands of Texas business owners will be faced with unjust fines from the federal government for failure to complete newly implemented Beneficial Ownership Information reports. In compliance with the Corporate Transparency Act, which was passed by Congress in 2021, companies…
Red States, Blue States: A Tale of Two Economies
This commentary was originally published at the American Institute for Economic Research here. It is being republished with permission from the author. The latest employment data from the Bureau of Labor Statistics for June 2024 offers a compelling snapshot of the divergent economic…
Let Americans Prosper Project: Ensuring Fiscal Sustainability for America’s Future
This commentary was originally published at VanceGinn.com here. It is being republished with permission from the author. Executive Summary The United States faces a critical fiscal crisis due to the lack of robust economic growth and excessive government spending. This leads…
The Threat of Hostile Foreign Organizations and the Texas House
Texas belongs to Texans. Not the Chinese Communist Party. The House Select Committee on Securing Texas from Hostile Foreign Organizations was formed to investigate and mitigate the threat of Texas land being bought, owned or controlled by individuals and organizations…
Comptroller Announces Budget Surplus, Lawmakers Yearn to Spend More of Your Money
On July 17th, in a letter to Governor Greg Abbott, Lieutenant Governor Dan Patrick, and House Speaker Dade Phelan, Texas Comptroller Glenn Hegar reported that general revenue-related collections for the 2024 fiscal year have been tracking with the 2024-2025 Certification…
Biden Drops out of Presidential Race
After years of clear cognitive decline, President Biden suspended his presidential campaign over the weekend. This comes after a terrible debate performance in which Biden clearly failed to defend Bidenomics and the disasters his policies have caused. Since the get-go,…
Austin Proposes Nearly $6 Billion Budget, The Biggest Ever
Austin has set forth its new proposal for the Fiscal Year 2025 city budget – and it is exactly what you would expect. The new budget initially proposed by unelected bureaucrat T.C. Broadnax, the City Manager, contains an incredible $5.9…
Trump and Cruz Promote Legislation to Stop Taxing Tips
With the cost of living skyrocketing, Americans in the lower and middle classes need every penny they can get. While many in the federal government are exacerbating the problem, some have taken small steps to ensure more money stays in…
Biden Boasts Job “Growth” and Economic Success, Reality Paints a Different Picture
When the COVID-19 Pandemic emerged at the height of a booming economy, the American people went into a near-nationwide shutdown. With the population locked in their homes, unemployment expectedly spiked to unprecedented levels. As the pandemic and accompanying lockdowns receded…
Happy Independence Day!
As we gather to celebrate Independence Day, we honor the principles of freedom, self-governance, and personal responsibility that our nation was founded upon. This is a time to reflect on the sacrifices made by our forefathers to secure these liberties…
Tarrant County Increases Their Homestead Exemption
Tarrant County has taken another step towards giving more money back to taxpayers by increasing the homestead exemption to the maximum allowed by state law. Following the implementation of a 10% homestead exemption last year, the Tarrant County Commissioners Court…
Corporate Welfare and the Texas Stock Exchange
New York City, once the unrivaled hub of America’s financial services, is seeing its dominance wane. The New York Stock Exchange (NYSE), a cornerstone of U.S. commerce since 1792, now faces competition from emerging financial centers like Texas. The recent…
Arkansas Holds Special Session on Property Tax Cuts, Texas Must Eliminate Them
Arkansas lawmakers have made significant strides in reducing the property tax burden on their residents. During a special legislative session, the Arkansas General Assembly passed a series of bills aimed at decreasing income and property taxes. This decision has been…
Vermont’s Misguided Property Tax Hike – Texas Must Be Vigilant
Vermont’s recent decision to raise property taxes by nearly 14% should serve as a stark warning to Texans about the dangers of unchecked government overreach and fiscal irresponsibility. Despite the state’s already high tax burden, the Vermont legislature, controlled by…