Today, the Texas House and Senate introduced their versions of the 2022-23 budget.
The Texas Public Policy Foundation’s Chief Economist Vance Ginn, Ph.D. offered the following statement:
“At a time when many Texas families and employers are struggling financially across the state, we are glad to see the Texas Legislature come together to introduce a state budget that protects taxpayers. By maintaining last session’s property tax relief and ensuring the savings does not go to extra spending, the total 2022-23 budget comes in well below the Foundation’s Conservative Texas Budget. It controls spending growth, keeps property taxes lower, doesn’t raise other taxes or tap into the rainy day fund. The state budget is a responsible approach that puts Texans in a better position to recover their lives and livelihoods as soon as the economy is fully open.”
To read more about TPPF’s 2022-23 Conservative Texas Budget, please visit:
Vance Ginn, Ph.D.