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July 24, 2022
Texas Lawmakers Eye Another Spending Spree with Your Money—Despite Historic Inflation
by Jacob Asmussen
As Texans across the state struggle with record 9 percent inflation—a double whammy of less money in their pockets and higher prices at stores—state lawmakers are playing by a wildly different set of rules with taxpayer dollars.
While Texans are currently forced to limit or cut their household budgets (because most can’t just conjure up a 9 percent higher salary this year), Texas lawmakers, on the other hand, are currently allowed by state law to increase spending every year by the rate of population plus inflation—and they’ll just tax you more to cover it.
And right now, they’re planning another massive spending spree.
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Quoting...
"Moral precepts are constant through the ages and not obedient to circumstances."
- Lord Acton
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