Conservative Texas Budget?

In this newsletter, I discuss the latest on the 2022-23 Texas budget, Biden's incomplete budget, costs of raising the corporate income tax, economic situations, and more to let people prosper.

Hello Friend!

I hope you had a blessed week and a prosperous weekend. We had a great time visiting family—even if it was in College Station. Ha!

There was a fun discussion about what is “infrastructure” given that Biden’s $2T+ plan includes very little of it. What about this? :)

Let’s get to the latest info to let people prosper!

TEXAS ECONOMIC AND FISCAL SITUATION

Big News in Texas

Testimony Before Texas Legislature

  • I testified on three key bills before the House Appropriations Committee that you can watch here (at times 00:59:00 for HB 2, 2:08:30 for HB 2021, and 02:18:00 on HB 2896), with HB 2021 being one that received a lot of attention.

  • Testified for HB 819 that creates pilot programs to reduce occupational licensing and franchise taxes in disadvantaged areas.

  • Testified for HB 1923 that would require a study on supply chains in Texas so that entrepreneurs can have more opportunities to fill those gaps experienced during the pandemic and recent freeze.

U.S. ECONOMIC AND FISCAL SITUATION

TEXAS OPEN, NOW OPEN AMERICA

Closing Thoughts

Let us focus on these Godly words this week:

Here’s a quote from one of my favorite economists Milton Friedman:

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Vance Ginn, Ph.D. | www.vanceginn.com | #LetPeopleProsper