In this report, economists Stephen Moore, Arthur Laffer, and Donna Arduin describe the many factors that determine a state’s economic outlook. Fully a quarter of a state’s economic future is in the hands of its policymakers through their fiscal and regulatory policies. The authors rank Texas’ economic future according to their own State Competitive Environment Model and provide five policy recommendations that would boost Texas’ economic outlook from good to rosy.
Ban Foreign Funding in Ballot Propositions
Despite federal laws prohibiting foreign funding of candidate elections, foreign individuals and entities are still able to fund campaigns related to state and local ballot initiatives in multiple jurisdictions, creating a loophole that hostile foreign actors can exploit to influence American elections. Key points: Federal law prohibits foreign nationals from contributing to candidate campaigns or...