Texas, like many states across the country, is struggling with fiscal problems. With a budget shortfall that may exceed $10 billion, legislators are making difficult decisions about constraining costs and seeking innovative ways to protect the integrity of programs. Decisions about the Children’s Health Insurance Program (CHIP) pose one of the greatest challenges for the 78th Texas Legislature. Measures taken to control costs during this session will reshape health care for needy children, gauge legislative commitment to sound fiscal policy, and define the state’s commitment to strengthening families.
Tracking Local Government Debt in Texas: 2016 – 2025
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...