Competition in Texas’ newly deregulated electric market has brought substantial benefits to Texas in only a few years, both in absolute terms and relative to other states. Texas should avoid unpredictable major alterations of the existing market structure that would harm its stability.
Just the Facts: Local Government Spending
Despite billions in property tax relief provided by recent state legislatures, Texans’ property tax bills continue to increase due to unrestricted spending at the local level. Key points: City and county government spending continues to outstrip increases in both population and inflation. While the state government has constitutional and statutory spending limits, local governments do...