Budget Surplus

Commentary

Comptroller Announces Budget Surplus, Lawmakers Yearn to Spend More of Your Money

On July 17th, in a letter to Governor Greg Abbott, Lieutenant Governor Dan Patrick, and House Speaker Dade Phelan, Texas Comptroller Glenn Hegar reported that general revenue-related collections for the 2024 fiscal year have been tracking with the 2024-2025 Certification…

Commentary

A Bold Vision for Texas: Eliminating Property Taxes for True Ownership

Texas should set the path forward for what is sound fiscal policy. Politicians have a clear mandate and a moral imperative to limit government spending better and abolish property taxes.  The overwhelming support among Republican voters, with 78% backing the…

Commentary

Abbott Once Again Says He Wants to Eliminate School Property Taxes

Yes, it is possible… And we have a plan to do it.  Yesterday, at the Texas Public Policy Foundation’s Texas Policy Summit,  Governor Greg Abbott took the stage to address those in attendance, discussing issues ranging from school choice to…

Commentary

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…

Commentary

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.

News

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…

Commentary

$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,…

News

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…

News

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…

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…

News88th TXLege

Nearly 800 New Laws on the Horizon

This Friday, September 1st, 2023, marks the day nearly 800 new laws, passed by the 88th Legislature, go into effect. Of those, several will impact Texas taxpayers directly both immediately and into the future.  For Texas taxpayers, the 88th Legislative…

NewsState

The Ginn Economic Brief: Texas Economic Situation – August 2023

Texas is a leader in job creation over the last year and since February 2020. But Texas faces major headwinds as the recently ended 88th Legislature looked more like California than what is expected from the free-market bastion of hope…

Research

Texas Passes Largest Budget Increase in Texas History

Overview Texas Passes Largest Budget Increase in Texas History Texas Governor Greg Abbott (R) recently signed the Texas budget (HB 1) passed by the 88th Texas Legislature with the largest spending increases, the largest corporate welfare increases, and the largest social safety net…

News88th TXLege

Property Tax Relief: Where Does It Stand?

The first-called special session has officially crossed the two-week mark, and with that, not much has changed regarding actual progress to bring down the skyrocketing tax bills of Texans. Among the various bills, property tax relief plans, political rhetoric, posturing,…

Commentary

Where Are the Fiscal Conservatives?

Lost in all of the noise and chaos surrounding the 88th Legislative Session is the fact that Republican lawmakers, who have enjoyed a comfortable majority in the Texas Legislature for the last two decades, ushered in the biggest spending increase…