Spending

NewsState

Explainer: What Are 313 Tax Abatements

A topic that has become more popular recently due to Speaker Dade Phelan’s support for their renewal is Chapter 313 tax abatements. However, when interacting with taxpayers, I have noticed that most people have no clue about the controversial program….

News

Fort Worth Slaps Taxpayers in the Face, Raises Taxes

It happened again: yet another deceptive tax increase by a major city. Last night, Fort Worth officially adopted its new tax rate of 71.25. This comes despite opposition from the public and two city council members dissenting to the tax…

Explainers

Explainer: What Is the World Economic Forum?

For the last few years, it’s been hard to go to a grassroots gathering without at least a mention of the World Economic Forum or a quote from the infamous Klaus Schwab. If you haven’t heard of the World Economic…

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…

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…

Commentary

Introducing the Texas Prosperity Plan

At Texans for Fiscal Responsibility (TFR), we hear from Texans every day, impacted by the rising costs of living, rising property tax burdens, and general dismay towards a government that seems to represent their own interests less and less. For too…

NewsLocal

New Report Shows the Increased Debt Burdens on Texas Taxpayers in Largest Cities

Recently, Truth in Accounting published their latest Combined City Taxpayer Report of the 10 most populated cities in the United States and the debt burdens put on each of their taxpayers. The report attempts to measure the annual financial reports…

NewsFederal

Biden Administration Floats Federal Student Loan Forgiveness

On Monday, President Biden met with members of the Congressional Hispanic Caucus, where among other issues he mentioned that his administration is looking into options to forgive a substantial but unspecified amount of federal student loan debt. Earlier this month,…

Commentary

Fiscal Conservatives Start From Wrong Premise on State Spending

Ask yourself, do you believe the government is too big already? More often than not the answer we get at Texans for Fiscal Responsibility (TFR) as we travel around the state, visiting with Texas taxpayers, is a resounding yes! Despite…

NewsFederal

Inflation Hits a 40 Year High… Again

The latest Consumer Price Index (CPI) data released Tuesday reveals that year-over-year inflation for the month of March hit 8.5%. This was a 1.2% increase from the previous month of February. Inflation has become a major problem for most Americans…

Commentary

Taxpayers Suffer As Superintendents Prosper

Last week the Texas Education Agency (TEA) released its most recent superintendent’s salary report to the public. The report includes some disturbing results and shows that the average superintendent makes considerably more than the average Texan. The top ten highest-paid…

News

Texas Senate Interim Charges Released – Includes Some Priorities, Lacks Others

Monday, Texas Lieutenant Governor Dan Patrick (R), released his list of interim charges to all Senate committees. Every legislative cycle, the leaders of each respective legislative chamber issue interim charges for each committee to study in preparation for the next…

News

Is A $25 Billion Surplus Coming Next Session?

Rumors have already begun to swell around Austin that there is the possibility of a historic budgetary surplus heading lawmakers’ way as appropriators begin to consider the state budget for the next biennium. The Austin swamp is already salivating about…

NewsFederal

Inflation Hits A New 40 Year High At 7.9%

Americans all across the country, including here in Texas, are suffering from the fiscally irresponsible policies administered by both the federal government and the Federal Reserve in response to the pandemic. The massive amounts of Quantitative Easing and stimulus dollars…

Commentary

Spotlight on the 87th: Subsidies for Wind and Solar

In today’s Spotlight on the 87th Legislative Session, we look back on legislation that protected subsidies for unreliable wind and solar energy. House Bill 1607 was authored by State Rep. Drew Darby (R-San Angelo) and was passed out of the…