Taxes & Spending

The Staggering Amount of New Debt Added in May 2026

On May 2nd, 2026, Texas voters did something astonishing. They approved more new debt in that single afternoon than the entire gross domestic product of the country of Uganda.    The $76.4 billion in new principal debt authorized that day won’t be issued tomorrow; but with voter approval in-hand, local governments now have the go-ahead to borrow more and add onto the $368.3 billion in principal debt already owed. Of course, these totals...

July 21, 2026
Islamism

Texas Islamist Charter School Funded With $75 Million of State Monies

In March, the Texas Scorecard reported that the Texas Education Agency was investigating the Manara Academy District, a charter school system. An agency spokesman confirmed “an open investigation … examining district-level systems, practices and compliance related to allegations concerning prohibited use of instructional materials and classroom activities.” The investigation is welcome. New research indicates that...

July 17, 2026