A vibrant, competitive short-term lending market is necessary for the financial well-being of many Texans. Restricting or cutting off access to short-term, micro loans will have very real unintended consequences for consumers who use these financial products.
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...