Public pension costs represent a significant portion of city and county government spending. As public pension costs rise, the risk increases for taxpayers and beneficiaries alike. Transferring control of these plans to local voters is a good first step toward more sustainable pensions statewide.
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