The Spending section of the 2017–2018 Legislator's Guide. This section explains the Conservative Texas Budget, Tax and Expenditure Limit, Sales Tax Reduction Fund, Transparency and Budgeting, Understanding Federal Funds, Transportation, Economic Stabilization Fund, Public Pension Reform, and State Debt.
Reinvigorating Federalism and Fiscal Discipline in Texas: Establishing the Office of State Sovereignty
Texas governments received $84.3 billion in federal funding in 2023, raising concerns over financial dependency and regulatory consequences. Creating an Office of State Sovereignty to monitor the application, receipt, and conditions of this aid could mitigate fiscal risk and improve transparency. Key points: Texas lacks a centralized system to oversee federal grants potentially flowing to...