Budget
The Texas Legislature is Tiring of Property Tax Relief
A sentiment making its way around the Texas Legislature is that providing tax relief for property owners is “too big of a commitment.” An element of this sentiment was expressed several times in a recent Senate Finance Committee hearing where…
Texas Budget Crisis Despite Robust Labor Market
Texas is experiencing economic growth, but the state government isn’t keeping pace with fiscal responsibility. In December 2024, Texas added 37,000 new jobs, marking its twelfth consecutive month of job gains. Total nonfarm employment reached a record 14,318,700, and the…
Proposed Property Tax Relief Falls Short in the 89th Texas Legislature
Texans Will Get Less Than $4 Billion Out of the $24 Billion Budget Surplus Executive Summary Though it is difficult to discern from recent statements made by Texas’ legislative leaders, the Texas Senate has budgeted only $3 billion for new…
TFR Statement On Current Texas Budget Proposals
AUSTIN, TX – On Wednesday, the Texas House and Texas Senate both introduced their proposed appropriation bills for the 2026-2027 biennium. The House version, HB 1, was introduced by State Rep. Greg Bonnen (R-Friendswood), while the Senate version, SB 1,…
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…
Bold Reform to Rein in Wyoming’s Soaring Property Taxes
Executive Summary The Problem: The Three-Step Solution Our proposal turns restrained government spending into a direct benefit to those with property in Wyoming and a benefit to those without property who rent or lease. Whether someone has property or rents…
Biden’s Budget is a Disaster for America
The negative impact of Bideonomics on everyday Americans has been profound. With the federal government’s lavish spending and ever-rising debt, the cost of living has soared, putting a strain on households across the nation. Despite the evident consequences, the Biden…