Health Savings Accounts offer employers and individuals an affordable new option for health insurance coverage. Health Savings Accounts (HSAs) have grown in popularity since Congress authorized their use in 2003. The forerunner to HSAs, Medical Savings Accounts (MSAs), were first established in 1996 and had extensive restrictions that impeded their use and success. HSAs are free of those restrictions, and anyone can own one.
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...