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Connecting today’s news with the research & opinion you need.

A Win for Americans

What to Know: A White House event on Thursday celebrated the administration’s regulatory reforms, including a new update to the National Environmental Policy Act (NEPA).

The TPPF Take: Regulatory reform allows more Americans to prosper.

“Today’s reforms will cut in half the amount of time government agencies can hold our job creators hostage through an abusive review process and discourage the cottage industry of activists who profit from stopping infrastructure projects,” says TPPF’s Kevin Roberts. “The effect of this administration’s regulatory reform was seen in the incredible growth of our economy and historically low unemployment prior to the outbreak of the coronavirus. These kinds of actions will help spur our country back to that kind of prosperity.”
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Another Loss

What to Know: Austin institution Dart Bowl is closing after 62 years in business. It simply couldn’t withstand the COVID-19 shutdowns.

The TPPF Take: The Great Disruption we’re now experiencing has taken a real toll on all of our lives—and livelihoods.

“Any further shutting down of the economy will have devastating effects,” says TPPF’s Vance Ginn. “Don’t let this Great Disruption crush the hopes and dreams of millions of more Americans. Let’s end the shutdowns so people can control their destiny once more and reach the historic prosperity we had just a few months ago.”

Community College’s Lesson on Smart Budgeting

What to Know: North Central Texas College trustees are expecting to have less revenue available for the 2020-21 budget—so the board is cutting spending. “Every department was told to submit their budget requests with 5% less than the previous year.” Officials are also weighing lower salaries and fewer staff.

The TPPF Take: This small north Texas community college is bringing its spending down to match lower revenues. Other local governments should follow suit.

“Given the state of economy and the labor market, local elected officials need to demonstrate an extra level of sensitivity toward the family budget. Few can afford to pay higher taxes today,” says TPPF’s James Quintero. “Texas governments should take a lesson from NCTC and cut spending.”