Local governments in Texas have accumulated excessive public debt. Strict reforms are necessary to restore fiscal discipline. Key points: In fiscal year 2025, local government borrowing reached nearly $561 billion in combined principal and interest, which is $17,706 in debt per capita. From 2016 to 2025, total local debt rose from $331.8 billion to $561...
The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....
Testimony of Brent Bennett, Ph.D. Policy Director, Life:Powered Texas Public Policy Foundation Before the House State Affairs Committee August 19, 2026 Chairman King and Members of the Committee: Thank you for this opportunity to testify about the important challenges facing the Texas electric grid and specifically the challenges and opportunities being presented by data centers....