The 2022-23 Conservative Texas Budget sets a maximum threshold for the state’s budget that will be passed during the 2021 Legislature so government grows by less than taxpayers’ ability to pay for it.
Key points:
- Texas’s state government budget has often grown considerably faster than Texans’ ability to pay for it.
- Fortunately, growth in the budget has been better aligned with Texans’ financial ability since we created the Conservative Texas Budget in 2015 based on the growth in population plus inflation.
- Limiting the budget’s growth to not exceed the CTB, and even reducing it as Texas families have done with their budgets during the recession, will give Texans more opportunities to flourish.