As it stands, the 9th Circuit ruling threatens to undermine the 5th Amendment: it would allow the government to take private property through successive enactments that each eliminated only a fraction of the property's value, accomplishing by degrees what the government could not do outright.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...