Texas’ Economic Stabilization Fund (ESF) acts as a rainy day fund to cover state government budget shortfalls during economic downturns or emergencies and is often used for other purposes. The ESF’s shortcomings include it being rather easily raided for purposes other than covering budget shortfalls and stockpiling of taxpayer dollars in the fund. Legislators should raise the threshold vote to use the ESF for nonemergency purposes to four-fifths of each chamber, and consider lowering the cap and allocating funds above the cap to return to taxpayers or pay state liabilities. Read the full policy perspective below.
Homelessness Services Audits
In 2013, the Obama Administration offered “Housing First” as the means to end homelessness in 10 years. Over a decade later, homelessness is more prevalent than ever, and taxpayers have been financing ever-increasing funding to programs that are failing to achieve their stated goal of ending homelessness. Key points: The “Housing First” approach was proposed...