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Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...
Much of the policy discussion around President Trump’s One Big Beautiful Bill has focused on electricity subsidies, where the outcome admittedly falls short of what fiscal conservatives hoped for. Wind and solar projects can still claim subsidies through July 2030, extending billions in taxpayer support for the next five years and driving up ratepayer bills...