Government spending crowds out private sector spending, diminishing the private economy’s rate of growth and costing Texans jobs. In other words, increased government spending makes citizens poorer because it takes their money now, while also reducing their future income and employment prospects. This fact is at the heart of the debate about whether or not Texas should accept federal stimulus money.
May 2026 Bond Election Report
Although there have been many strides taken at the state level to reduce the property tax burden, local governments’ incessant and reckless spending continues to drive up the bill. Key points: In May 2026, Texas voters considered 439 bonds. Of those, 233 were approved. The passage rate for bond propositions for the May 2026 cycle...