News and Commentary

NewsFederal

Student Loan Forgiveness: Potential Fuel to the Inflation Fire

Why pay off your debt if you can get your fellow Americans to pick up the tab? Traditionally, if an individual takes out a loan, it is with the promise that it will be paid back. But evidently, that dynamic…

News

Despite Promises From Appropriators, No Major Cities Are Adopting the No-New-Revenue Rate

It’s that time of year again: local governments across Texas are considering their budgets for the next fiscal year and setting their tax rates to support such spending. This year is special for Texas taxpayers because it is a year…

News

Upcoming Opportunity for Texas Taxpayers to Opine on Growing Property Tax Problem

As state lawmakers prepare for the 2023 legislative session in the coming weeks, Texas taxpayers have an opportunity to address them on issues like their ever-increasing property tax burdens.   Texas House Ways & Means Committee The Texas House Ways…

News

Abbott Spends $1,400 per Bus Rider to Help Biden Keep Illegal Immigrants in America

Currently in Texas, immigrants caught crossing the border illegally can volunteer to be put on charter buses, which are primarily paid for by Texas taxpayers. These immigrants are then securely bused to either Washington, D.C., or New York City. This…

News

No Such Thing as Failing Schools in Texas, Sort Of

An announcement from the Texas Education Agency (TEA) on Monday came with great news! According to them, there is no such thing as a failing school in Texas … kind of. The TEA just released its newest accountability ratings for…

News

House Speaker Wants to Renew Controversial Corporate Welfare Program

Last week, Republican Texas House Speaker Dade Phelan made headlines for his comments at the West Texas Legislative Summit in San Angelo, Texas, where he indicated that the House will take a “long, hard look” in the next legislative session…

News

Abbott Forecasts ‘Biggest Property Tax Cut in Texas History’

Recently, Texas Governor Greg Abbott gave the keynote address at the 18th annual West Texas Legislative Summit in San Angelo, Texas. In the address, he talked about property taxes and other issues in his plan for the upcoming legislative session….

News

Democrat Lawmaker Suggests Expanding Medicaid is Wise Fiscal Policy

Democrat State Rep. Bobby Guerra (Mission), who “boasts” a career rating of an F on the Fiscal Responsibility Index and scored a dismal 17 out of 100 in the most recent legislative session, recently took to the Rio Grande Guardian…

Explainers

Explainer: What is ESG?

If you are an investor or someone who pays close attention to the economy, you have probably heard the term ‘ESG’. Despite hearing the acronym, many do not understand what it actually is and its implications for our economic system….

NewsFederal

They Dare Not Call it a Recession

Thursday, Americans woke up to the news that the U.S. economy continued to contract for the second straight quarter. For Americans who have been experiencing a higher cost of living in the last year or so, it is not necessarily…

Explainers

Explainer: What Is The Overton Window?

If you have spent any amount of time in politics I am sure you have heard the phrase “The Overton Window” before. Today we are going to talk about what it is, and how to use this concept to our…

News

Do Not Let Texas Lawmakers Plunder Our Money

Last week, Texas Comptroller Glenn Hegar announced an updated revenue estimate, which increased our continually growing budget surplus by nearly $14 billion. Yes, you heard that right $14 billion more! This raised the previous estimate from roughly $13 billion to…

News

Texas Comptroller Glenn Hegar Announces Historic Surplus in Updated Estimate

Thursday, Texas Comptroller Glenn Hegar released his updated revenue estimate for the state of Texas. Previously the surplus estimate coming off of the most recent legislative session was around $8 billion. This estimate was updated in November of 2021 to…

News

Texas Comptroller To Announce New Revenue Increase On Thursday

Tuesday, the House Appropriations Committee held its first interim hearing to consider some of their assigned interim charges involving the state budget. Among the invited testimony was that of Texas Comptroller Glenn Hegar, who came to give a general update…

NewsLocal

Texas GOP Platform Includes Texas Prosperity Plan

Wednesday, the Republican Party of Texas released its 2022 Platform as approved by delegates to its State Convention in mid-June.  Among the 274 ‘planks’ or policy positions were all three of the items set forth in Texans for Fiscal Responsibility’s…