Spending
Texas Can Have More Tax Relief if the Legislature Stops its Out-of-Control Spending
This commentary was originally published at The Center Square here. It is being republished with permission from the author. In 2023, Texas led the U.S. on many fronts: job growth, economic expansion, energy production, and a record surplus of $33 billion. This…
Public Service or Personal Gain?
2023 was a year of legislative disappointments: mediocre property tax relief, wasteful spending, and fiscal irresponsibility; however, there was another egregious example of legislative impropriety that may have flown under the radar for some. While you were struggling under the…
Year-in-Review: Texas Mired in Fiscal (Ir)Responsibility
Explore a pivotal year in Texas politics, featuring a historic budget surplus, the largest spending increase, complex property tax cuts, corporate welfare debates, and the unresolved school choice saga. This comprehensive review sheds light on the major legislative decisions and their implications for the future of Texas.
Impeachment Price Tag: Texas House Spends Millions of Tax Dollars on Impeachment
After months of delay following Lt. Gov. Dan Patrick’s call for a financial audit of the effort to impeach and remove Attorney General (AG) Ken Paxton this year, new revelations about the actual cost to taxpayers surfaced last week. These…
The Surge in Texas Local Debt and Property Tax Implications
Texas’ Local Debt Crisis: Unpacking the $461.3 Billion Burden In a startling revelation, the Texas Public Policy Foundation reported a significant surge in Texas’ local debt, now towering at an unprecedented $461.3 billion as of the fiscal year 2023. This…
I Want School Choice in Texas, But Not Like This
This commentary was originally published at The Center Square here. It is being republished with permission from the author. A record number of states have passed universal school choice so far this year, but it seems Texas won’t be among them. Given…
The Ginn Economic Brief: Texas Economic Situation – November 2023
Texas lost jobs in October and faces major headwinds with a weak U.S. economy and a poor performance by this year’s 88th Legislature. There is a better way. Free-market capitalism is the best path to let people prosper, as it…
Texas Bond Propositions: The Rising Tide of Property Tax Burdens and Voter Paradox
One of the perhaps most underreported outcomes of last week’s election is the overwhelming success of local bond propositions, especially those that will further increase the already rapidly growing property tax burden on Texas taxpayers. Collectively, Texas voters considered nearly…
Election Results: The Good, the Bad, and the Ugly
Tuesday was election day, and Texans across the State went to the polls to cast their votes on fourteen constitutional amendments, various local propositions, and a scattering of elections for office. Let’s briefly look at the election day results and…
Federal Budget Deficit Has Nearly Doubled Under President Biden
The federal budget deficit has doubled from one year to the next a few times before. Usually, those occurrences happen in conjunction with economic bad news, something the current administration consistently says does not exist. The Numbers Game First off,…
$18.3 Billion Surplus Proves Texas Can Cut Property Taxes More
This commentary was originally published at The Center Square here. It is being republished with permission from the author. The Texas Legislature just found out it has a huge opportunity to correct its profligate spending failures made earlier this year. But instead,…
The Ginn Economic Brief: Texas Economic Situation – October 2023
Texas has been a leader in job creation. But Texas faces major headwinds as this year’s 88th Legislature has looked more like California than what Texans expect. There is a better way. Free-market capitalism is the best path to let…
Understanding Texas’ Financial Health: Takeaways from a 2023 State Report
Recently, Truth in Accounting (TIA), a fiscal watchdog organization, published a report titled “Financial State of the States 2023” shedding light on the perceived fiscal health of all 50 states in the United States based on key factors. According to…
A Brief Examination of a Texas House Hopeful’s Record
The race to fill the vacant seat for Texas House District 2 is underway, with the special election now less than a month out. One candidate, Jill Dutton, has thrown her hat into the ring, hoping that Voters in HD-2…
Comptroller Says Texas is Taking Too Much of Your Money
The State’s metaphorical piggy bank continues to fill up with surplus dollars from your wallet, says the Texas Comptroller. Last Friday, Texas Comptroller Glenn Hegar released the Certification Revenue Estimate(CRE) for the fiscal 2024-25 biennium. The CRE revises estimates from…