Texas has the most competitive electricity market in the world. Its telecommunications market is equally successful. While the details of the transitions to competition for these two markets differ, the results are remarkably similar-exceptional increases in consumer choice and decreases in consumer prices.
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...