State Budget
3 Steps to Real Economic Prosperity. Will Texas Achieve It?
Governor Greg Abbott has, on several recent occasions, opined that Texas possesses the “best business climate” and is “America’s premier economic destination.” While on the surface this seems true, the emphasis by the state and local governments over the last…
Socialism on the Rise in Texas: An Examination of the Texas Budget
Executive Summary The Texas Legislature is in the midst of a 20-year spending spree. Since 2003, the appropriation of state funds per legislative session has increased from $76.2 billion to $233 billion. Remarkably, 44% of that growth happened in 2023…
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…
Episode 20: The Good, the Bad, and the Ugly of the 88th Legislative Session
Episode Description 💰 In our FINAL EPISODE of this season of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we are joined by special guests Vance Ginn, Ph.D., and Bill Peacock to discuss the 88th Legislative Session, what happened, what did not happen, the good, the…
Episode 15: The Session Comes to a Close With Not Much to Show for It
Episode Description 💰 In our fifteenth and final episode of 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 𝗔𝗛𝗘𝗔𝗗, we discuss the end of the 88th Legislative Session and lack of successes for things on Texas Governor Greg Abbott’s “emergency agenda” and items important to Texas…
TFR Statement on Conference Committee Report for HB 1 – General Appropriations Act
With only a few days left of the ongoing 88th Legislative Session, state lawmakers have presented a Conference Committee Report for House Bill 1 that represents perhaps the largest increase in spending in Texas history; it is certainly the biggest…
Episode 19: Will They Get to Property Tax Relief in Time?
Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss what still has the potential to get done before imminent key deadlines in the near-ended Texas 88th Legislative Session. Will Texas taxpayers get tangible property tax relief? Will we…
Episode 14: Legislative Session Ending Soon, What is Still Moving?
Episode Description 💰 In our fourteenth episode of 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 𝗔𝗛𝗘𝗔𝗗, we discuss the impending deadlines in both legislative chambers as we enter the final full week of the ongoing 88th Legislative Session and what they mean for things like…
TFR Statement On SB3 – Property Tax Relief
Taxpayers have a lot to be thankful for what seems to be a compromise between the House and Senate with the latest version of Senate Bill 3. As passed by the House, this bill includes $12 billion for a 15-cent…
What Happened to the Texas Budget Surplus?
Executive Summary A lot of people know about Texas’ $32.7 billion budget surplus. What most don’t know is that the Texas Legislature has $78.4 billion more in state funds to spend this year than it spent in 2021 and that…
Episode 14: The Legislative Clock Starts Ticking on Priorities
Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss what the ongoing Texas legislative session looks like now that we are 100 days into the 140-day session. We specifically talk about things like property tax relief efforts, corporate…
Senate Considers State Budget Proposal
On Monday, the Texas Senate considered House Bill 1, or the General Appropriations Act (GAA) for the next biennium (fiscal years 2024 and 2025). The legislation represents the proposed state budget, the only item that lawmakers are constitutionally bound to…
Texas Senate Budget Exceeds Frozen Texas Budget
An Overview Texas Senate Budget Substantially Increases Appropriations Table 1 shows the amount by which the Texas Senate proposes to increase appropriations compared with what was appropriated for the 2022-23 budget. While the Legislative Budget Board shows a comparison of…
House Considers State Budget Proposal
On Thursday of last week, the Texas House of Representatives considered House Bill 1, or the General Appropriations Act (GAA) for the next biennium, fiscal years 2024 and 2025. The legislation represents the proposed state budget, the only item that…
Episode 8: Preparing for Budget Deliberations
Episode Description 💰 In our eighth episode of 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 𝗔𝗛𝗘𝗔𝗗, we are joined by special guest Vance Ginn, Ph.D. and discuss the state budget proposal ahead of its deliberation by the full Texas House of Representatives on Thursday. We…