The U.S. Senate’s attempt to move this legislation has lifted the veil on the real cost yet ineffectiveness of ambitous federal CO2 reduction mandates. As the leading energy producing state, the Texas economy would be most adversely impacted. This brief offers a risk-benefit assessment of this unprecedented legislation and highlights the effects on Texas.
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