News and Commentary

Commentary

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…

Commentary

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…

Commentary

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…

Commentary

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…

News

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…

Commentary

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…

News

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…

News

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…

News

May Inflation Rates and the Fed: What You Need to Know

The rate of inflation slowed more than anticipated in May, but the Fed’s response holds steady. Inflation numbers for the month of May were officially released today, with the Department of Labor announcing that the Consumer Price Index showed prices…

News

RPT Releases Final Legislative Priorities

The Republican Party of Texas (RPT) has released the Legislative Priorities for the 2025-2026 cycle and the 89th Legislative session.  The RPT legislative priorities include the top eight tasks that the party expects republican members of the Texas Legislature to…

News

Texans Approve $15 BILLION in New Local Debt from Bond Elections

In May, local communities across Texas participated in bond elections that saw approximately 250 bond propositions put to a vote.  These propositions collectively amounted to nearly $15.5 billion in new local debt, a significant financial burden with implications for taxpayers…

News

TFR Celebrates Major Wins: Candidates Triumph in Texas House Elections!

Texans for Fiscal Responsibility has some major wins to celebrate! On Tuesday, nearly all of our TFR PAC – endorsed candidates for the Texas House cruised to victory in their runoff elections.  As a reminder, TFR only endorses candidates who…

Commentary

The Ginn Economic Brief: U.S. Economic Situation–May 2024

Unlocking Prosperity: Steering America Back to Free-Market Fundamentals As the latest economic indicators from April 2024 unfold, it’s becoming alarmingly clear that America’s path to prosperity is at a critical juncture. A steadfast return to free-market capitalism with limited government…

Commentary

The Ginn Economic Brief: Texas Economic Situation – May 2024

Texas at the Forefront: Leading the Charge but Facing New Challenges Texas continues to blaze trails in the labor market, with recent data from the Texas Workforce Commission showing a robust addition of over 42,000 jobs and an unemployment rate…

Commentary

Update from RPT Convention!

This week, Texans for Fiscal Responsibility is in San Antonio for the Republican Party of Texas State Convention! We are here educating delegates on “Axe the Tax,” which would prioritize eliminating property taxes in the 2025 legislative session.  This plan…