If the Texas Legislature uses all funds available to it this session, it will appropriate at least $279 billion of taxpayer money during the upcoming biennium. That will be an increase of at least $31.5 billion, or 12.7%, from what it appropriated in 2019. Since the 2014-15 budget, the budget in place when much of…
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Energy Transfer Made $2.4 Billion From Texas Winter Storm
By Gerson Freitas Jr (Bloomberg) Energy Transfer LP, the pipeline giant controlled by billionaire Kelcy Warren, has emerged as the biggest winner so far from the deadly winter storm that paralyzed Texas in February. The company saw a positive earnings impact from the extreme weather of about $2.4 billion, it said Thursday in its first-quarter…
The Liberty Café 37: Chip Roy on God, Government, & Liberty
The place of God in government and in our personal lives is of great debate in our increasingly secularized culture. On Episode 37 of the Liberty Café, U.S. Rep Chip Roy discusses his views on the Christian faith and how faithful adherence to God’s Word in our personal and political lives is the only path…
The Liberty Café 36: The Texas Budget
The Texas Legislature keeps spending more and more our money. And most of what they spend it on is not good for Texans–or liberty. This week on Episode 36 of the Liberty Café, we visit with Texas Scorecard’s Jeramy Kitchens to talk about what the last few weeks of session will mean for Texan’s pocketbooks….
A Capacity Market Will Make Texas Electricity More Expensive, Not More Reliable
See a printable version of the report at the Texas Energy Alliance Introduction In 1999, a bipartisan coalition of Texas legislators bucked the interests of Texas public utilities to introduce what became the world’s most competitive electricity market. Though not without its flaws, the legislation passed that session set the stage for an unprecedented experiment…
The Dumbest Tax Increase
Biden’s capital-gains rate of 43.4% would reduce federal revenue By the WSJ Editorial Board If you need more evidence that ideology more than common sense is driving the Biden Presidency, look no further than its trial balloon to raise the top tax rate on capital gains to 43.4%. It’s the dumbest way to raise taxes…
The New Antiracism Is the Old Racism
by Victor Davis Hansen What will be the future of the mass hysteria spawned last summer? No one knows. But its destination, if unchecked, will be ethnic tensions and sectarian strife at best akin to those in Brazil and India—or at worst Lebanon, Syria, and Rwanda. Until just a few years ago, racial differences, according…
Supreme Court agrees to hear first 2nd Amendment case in 10+ years
by Liz George The U.S. Supreme Court has agreed to consider a gun-rights case addressing the extent to which the Second Amendment protects Americans’ right to carry concealed firearms outside the home for self-defense. NY State Rifle & Pistol Assoc. v. Corlett challenges the New York state requirement that individuals show “proper cause” to carry a…
Horowitz on the Chauvin Verdict
by David Horowitz No one in his right mind could have been surprised by the verdict in the Minneapolis trial of Officer Derek Chauvin for the killing of George Floyd. For 11 straight months cities have been burned, people have been murdered and billions of dollars of property damage have been caused by a national…