Economics is a science; its laws are like those of physics–immutable. Attempts by policymakers to circumvent these laws always result in unintended consequences.
My Journey to Understand El Paso’s Lobbying Expenses
In 2019, the Texas Legislature passed a law (House Bill 1495) to help correct “unethical political behavior” at the local level. One key provision in the law requires political subdivisions to disclose the amount of money being spent to lobby the legislature in their proposed budgets. As more fully articulated in Sec. 140.0045 (b)(2) of...