The Texas Public Policy Foundation recently commissioned Stephen Moore, Donna Arduin, and Arthur B. Laffer to evaluate the state’s fiscal health. This synopsis summarizes the serious problems diagnosed by the economists as well as the prognosis for a healthier Texas economy.
Taxes & Spending
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...
April 7, 2026