House Joint Resolution 10 and its enabling legislation House Bill 20 would create a new Texas legacy fund with some dollars in the Economic Stabilization Fund (ESF) used to attempt to gain a higher return on taxpayer money and allocate the returns to unnecessarily grow government.
Examining Local Government Spending Trends From 2014 to 2023
City and county spending has outpaced growth in population and inflation, leading to an increase in the tax burden on Texan taxpayers. Key points: Local government spending continues to outstrip increases in both population and inflation. From 2014 to 2023, local government spending rose by 61.2%, whereas population and inflation increased by only 42.7%. Elevated...