Introducing competition into Texas’ retail and wholesale electricity markets has made Texas the greatest success story in the United States-if not the world. That success is largely due to policymakers’ willingness to let markets work and not manipulate prices or other policies for political reasons.
Local Government
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...
September 9, 2026