Money from the federal government is often thought of as “free,” but, nothing could be further from the truth. The prevalence of federal funds has been shown to adversely affect a state’s economy, increase state government spending, and lead to a decline in state tax revenues.
Energy & Environment
Southern Spirit Line: High Voltage Hype, Low Impact for Texas
The proposed Southern Spirit transmission line connecting Texas to Louisiana and Mississippi has generated a lot of headlines over the past week, with my favorite coming from the publication Electrek: “Hell froze over in Texas—the state will connect to the U.S. grid for the first time via a fed grant.” I laughed. The article fails...
October 11, 2024