News and Commentary

NewsFederal

Stopgap Passage Results In Vacating McCarthy’s Speakership

In recent developments, the budgetary decisions and the political maneuvering in the U.S. Congress have taken an unforeseen turn, spotlighting the fiscal discourse that underpins our nation’s governance. The passage of the stopgap resolution, a temporary measure to prevent a…

Explainers

Understanding School Choice: A Comprehensive Guide

In the realm of education, the term “school choice” has become a buzzword, sparking discussions, debates, and policy changes across the globe. But what exactly is school choice, and why is it significant? Let’s delve into the concept and explore…

Commentary

The Price of Open Borders

The Fiscal Implications of an Unsecured Border and Illegal Immigration  232,972. That’s how many illegal immigrants were encountered on our southern border in August alone, with over 181,000 apprehensions. That is up from 183,494 encounters in July and 144,570 in…

Commentary

Texas Two Step in Dallas: Property Tax Relief but Excessive Spending by State and Localities

This commentary was originally published at The Center Square here. It is being republished with permission from the author. If you live in Texas, then your property taxes are skyrocketing. This has made housing less affordable, especially for the neediest among…

NewsFederal

Federal Reserve Holds Steady

The Federal Reserve holds interest rates at current levels, but the future outlook is more uncertain. At their September meeting held last week, The Federal Reserve’s “Federal Open Markets Committee” (FOMC) declined to increase Federal Funds Interest Rates further and…

News88th TXLege

Property Tax Bills About to Hit Mailboxes

It is that time of year again! When Texas taxpayers are reminded that they, in fact, do NOT own their homes, but rather pay perpetual rent to the government via the property tax. That’s right, soon property tax bills will…

Commentary

Why the August Jobs Report Adds Up to a Weak Economy

This commentary was originally published at EconLib here. It is being republished with permission from the author. Americans say the economy is the most important problem facing the country. But major headlines covering the latest jobs report for August do their best…

Commentary

Texans Can Downsize Texas Government in November

Texas politicians had a choice to make this spring. With a record $80 billion of new revenue available, they could either spend the money or give it back to Texas taxpayers in the form of property tax relief. Unfortunately for…

Statements

TFR Calls for Third Special Session to “Ax the Tax”

Today, Texans for Fiscal Responsibility sent a letter to Texas Governor Greg Abbott (R) requesting that he immediately call a third special legislative session, to address a host of pressing issues affecting all Texas taxpayers and families.  It is already…

NewsFederal

Federal Reserve’s Upcoming September Meeting

Rate Hike Speculation and Recession Concerns for 2024 On Tuesday and Wednesday of this week, the Federal Reserve’s Federal Open Market Committee (FOMC) will meet to discuss the state of the US economy, the ongoing threat of inflation, and possible interest…

News88th TXLege

Pushing Back Against Compromise School Choice Efforts

The Texas Legislature is widely expected to convene in yet another special legislative session in the coming weeks. This time they will reportedly focus on education freedom and parental choice or school choice and salary increases for government school teachers….

News88th TXLege

Dan Patrick Demands Audit on Failed House Impeachment Attempt

After this exciting weekend, there is no doubt that you have heard that the Texas House Board of Managers’ attempt to impeach Texas Attorney General Ken Paxton has failed. On Saturday Paxton was acquitted on all charges and able to…

NewsFederal

Stop the Spending Spree: US Freedom Caucus Opposes Status Quo as Possible Shutdown Looms

With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill, using…

NewsFederal

In Latest CPI Release, Inflation Rears Its Ugly Head Again

After months of significant declines in CPI inflation, today the CPI (Consumer Price Index) numbers for August showed a resurgence of inflation in the U.S. In August, the CPI rose by 0.6 percent on a seasonally adjusted basis, marking a…

NewsFederal

August Jobs Report: Rising Unemployment and Dissatisfaction

The US economy under President Biden continued its mellow pace in August, as Americans continued to strain under the burdens of record inflation, rising interest rates, and economic uncertainty.  The U.S. Bureau of Labor Statistics released its raw jobs report…