Disgorgement represents a major increase in regulation on Texas’ world-class electricity market that would reduce competition, harm consumers, and put the economic benefits Texans have gained from deregulation at risk. See also our previous research and testimony.
Reinvigorating Federalism and Fiscal Discipline in Texas: Establishing the Office of State Sovereignty
Texas governments received $84.3 billion in federal funding in 2023, raising concerns over financial dependency and regulatory consequences. Creating an Office of State Sovereignty to monitor the application, receipt, and conditions of this aid could mitigate fiscal risk and improve transparency. Key points: Texas lacks a centralized system to oversee federal grants potentially flowing to...