There currently is much discussion about the state of the Social Security System. Some are advocating radical change such as privatization of the system. These calls are met with concern that nothing like that has ever been done. Even if we ignore the success of other countries that have privatized this remnant of paternalist government, we need to look no further than the Texas coast for an example of successful privatization.
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