A vibrant, competitive short-term lending market is necessary for the financial well-being of many Texans. Restricting or cutting off access to short-term, micro loans will have very real unintended consequences for consumers who use these financial products.
Local Government
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...
November 9, 2026