Senate Bill 5 exists as a reaction to the overreach and excess of social-media firms that have taken it upon themselves to police the public square and stifle ideas and beliefs they disagree with—ideas held by broad swaths of the American public. They do so from a standpoint of exceptional power within our civic space, undergirded by a special favor granted to them, and to no other form of media, by federal legislation: exemption from liability for user-generated content. Unfortunately, what we see time and again is these firms’ unfitness to competently or consistently exercise that power. Individual citizens with unorthodox opinions are deplatformed, and then orthodoxy shifts. Democratically elected representatives are shut down, while dictatorial regimes communicate without hindrance.
Taxes & Spending
The Staggering Amount of New Debt Added in May 2026
On May 2nd, 2026, Texas voters did something astonishing. They approved more new debt in that single afternoon than the entire gross domestic product of the country of Uganda. The $76.4 billion in new principal debt authorized that day won’t be issued tomorrow; but with voter approval in-hand, local governments now have the go-ahead to borrow more and add onto the $368.3 billion in principal debt already owed. Of course, these totals...
July 21, 2026