Texas state and local governments are expected to spend $18 billion in federal economic stimulus or over $700 for every man, woman, and child in the state; but has all that government spending been worth it? To answer this we examine the growth and decline of some of the state’s major economic indicators since the stimulus came to Texas.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...