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Testimony on Spending Limit Reform in #Texas

5/17/2016

 

​AUSTIN – Texas Public Policy Foundation’s Center for Fiscal Policy Director Talmadge Heflin will testify before the Texas Senate Finance Committee TODAY, Tuesday, May 17, at 10:00 a.m. CDT in room E1.036 of the Texas State Capitol. Mr. Heflin will give invited testimony on an interim charge to recommend reforms for strengthening the state’s spending limit and consider options for providing tax relief with available revenue above the limit.  
“Limiting the size and scope of government is best achieved by passing a conservative budget. We believe this is a budget that doesn’t increase by more than population growth plus inflation based on actual past data,” said Heflin. “Any funds available above this limit should be placed in a fund to restrain growth in the budget by returning those dollars to taxpayers. These steps would limit government and allow Texans the best opportunity to improve their well-being.”

WHO:             The Honorable Talmadge Heflin, Director, Center for Fiscal Policy, TPPF
 
WHAT:           Testimony before the Texas Senate Finance Committee
 
WHEN:          TODAY, Tuesday, May 17, 2016
                      10:00 a.m. CDT
 
WHERE:        Texas State Capitol
                       Room E1.036

More information about the hearing can be found at: http://txpo.li/1XwQxhY
 
Mr. Heflin’s full testimony can be found at: http://txpo.li/1XwQTVL
 
To schedule an interview with Mr. Heflin, please contact Caroline Espinosa at cespinosa@texaspolicy.com or 512-472-2700.

The Honorable Talmadge Heflin
 is Director of the Center for Fiscal Policy at the Texas Public Policy Foundation, a non-profit, free-market research institute based in Austin. In the 78th Session, Heflin served as chairman of the House Committee on Appropriations and navigated a $10 billion state budget shortfall through targeted spending cuts that allowed Texans to avoid a tax increase. 

The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.

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http://www.texaspolicy.com/press_release/detail/todaytppfs-talmadge-heflin-to-testify-beforetexas-senate-finance-committee​

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    Vance Ginn, Ph.D.
    Chief Economist
    ​TPPF
    ​#LetPeopleProsper

    Vance Ginn, Ph.D., is founder and president of Ginn Economic Consulting, LLC. He is chief economist at Pelican Institute for Public Policy and senior fellow at Young Americans for Liberty and other institutions. He previously served as the associate director for economic policy of the White House’s Office of Management and Budget, 2019-20.

    Follow him on Twitter: @vanceginn

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