In Texas, we understand Hayek’s emphasis on the importance of freedom to get a job so we can prosper. But government barriers to work keep too many Texans from reaching this goal. The most draconian is occupational licensing. While trying to protect Texans’ health, safety, and welfare is well-intentioned, most licenses do more harm than good.
Taxes & Spending
The Staggering Amount of New Debt Added in May 2026
On May 2nd, 2026, Texas voters did something astonishing. They approved more new debt in that single afternoon than the entire gross domestic product of the country of Uganda. The $76.4 billion in new principal debt authorized that day won’t be issued tomorrow; but with voter approval in-hand, local governments now have the go-ahead to borrow more and add onto the $368.3 billion in principal debt already owed. Of course, these totals...
July 21, 2026