“Lawmakers are spending too much, using the Economic Stabilization Fund for new programs, and are not making provisions for a broad-based tax cut that will boost the Texas economy during increasing signs of a national slowdown,” said Arlene Wohlgemuth, ex
Taxes & Spending
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...
April 7, 2026