Excessive Texas government spending compared with key economic metrics suggests the state’s tax and expenditure limit (TEL) needs reform or Texans will be burdened with funding a larger footprint of state government.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...