The U.S. House of Representatives’ Build Back Better Act (BBBA) is filled with policies that will burden Americans and benefit special interests. Everything from childcare to gasoline will increase in price, on top of general price inflation. The BBBA will slow the economy, cut jobs, and turn inflation into stagflation.
Tracking Local Government Debt in Texas: 2016 – 2025
Local governments in Texas have accumulated excessive public debt. Strict reforms are necessary to restore fiscal discipline. Key points: In fiscal year 2025, local government borrowing reached nearly $561 billion in combined principal and interest, which is $17,706 in debt per capita. From 2016 to 2025, total local debt rose from $331.8 billion to $561...