Using data from the U.S. Census Bureau, this report demonstrates that low tax and spending states enjoyed sizeable decreases in poverty rates during the 1990s. High tax and spending states, meanwhile, suffered increases in poverty rates.
Uproar Over Texas Divesting from BlackRock Shows ESG Activists’ Disdain for the Rule of Law
On March 19, Texas State Board of Education (SBOE) Chairman Aaron Kinsey issued a statement that the Texas Permanent School Fund (PSF), one of the largest and oldest education endowments in the country with over $53 billion in assets, was moving $8.5 billion from BlackRock to other asset managers. Chairman Kinsey noted in the statement...