Video: Patrick on Tax Relief
At our 1/27 conversation, Lt. Gov. Dan Patrick talked about the possibility of tax relief as a component of the budget that will be passed by the 84th Legislature. Full Story
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The latest economy news from The Texas Tribune.
At our 1/27 conversation, Lt. Gov. Dan Patrick talked about the possibility of tax relief as a component of the budget that will be passed by the 84th Legislature. Full Story
With other state incentive programs under attack for favoritism and weak oversight, one that seems to be working famously might get caught in the crossfire. Film industry supporters hope it survives. Full Story
House Speaker Joe Straus said the House's base budget plan, released Thursday, holds "spending in check while addressing some very important challenges related to our rapid growth." The Senate's base budget is expected to come out next week. Full Story
State Rep. John Otto wants a constitutional amendment requiring that excess cash in the state's Rainy Day Fund be used to pay off state debt early. Full Story
Entrepreneur Elon Musk said Thursday that Texas is in the driver's seat for a test track for a transportation system known as the Hyperloop. He also said that a SpaceX facility wouldn't have been built in Texas without economic incentives. Full Story
Prospects for Democrats in Texas might seem grim at the moment, but from his Washington perch, U.S. Rep. Marc Veasey thinks things will turn his party's way. Eventually. Full Story
At our 1/14 conversation, new state Reps. Celia Israel, D-Austin, Linda Koop, R-Dallas, and Matt Rinaldi, R-Irving, talked about the comptroller's revenue estimate and how they'll approach the task of passing a budget. Full Story
Announcing a two-year revenue estimate that reflects "uncertainties in oil prices and the possibilities of a slowing global economy," Comptroller Glenn Hegar said Monday that lawmakers will have $113 billion to divvy up in the next two-year budget. Full Story
Gov. Rick Perry joked about his "oops" moment when asked Friday for the first three things he would do as president to strengthen the U.S. economy. Full Story
More than 100 firms have benefited from the Texas Enterprise Fund, the economic incentive program championed by Gov. Rick Perry to lure more jobs to Texas. Aman Batheja writes that Perry's office has nicknamed the fund “the deal closer,” but critics have a different name for it: slush fund. Full Story
Thirty years is a lot to attribute to mere luck. Like Rick Perry or not, his considerable political skills have sustained him throughout his career in state politics. Full Story
Boiling down Gov. Rick Perry’s legacy into a few bullet points isn’t easy. But reporters Reeve Hamilton and Jay Root look at some things people will surely remember years after Perry has left office. Their feature kicks off our 10-part series, The Perry Legacy. Full Story
When an out-of-state retailer doesn't add Texas sales and use taxes to your bill, it's not because no taxes are owed — and it's not because the retailer is doing something illegal. Texas consumers fail to pay almost $1.8 billion annually. Full Story
Here's video of our 84th Legislature preview session on the budget debate. Panelists included state Sens. Judith Zaffirini and Kel Seliger and state Reps. Drew Darby and Donna Howard. Full Story
Depending on your political leanings, the spending cap state lawmakers set this week was either too low, too high or just right. Regardless, the arcane measure could effectively block lawmakers from accessing billions of dollars in state revenue. Full Story
The first city in Texas to ban hydraulic fracturing tells a court it has every right to do so, calling the oil and gas extraction technique a “public nuisance” with "offensive results." Full Story
State leaders including Lt. Gov. David Dewhurst and House Speaker Joe Straus have voted to set the state growth rate for the next two years at 11.68 percent, a move that will impact the budget lawmakers write in next year's session. Full Story
Lawmakers this week will choose a number — a projected growth limit for the state government — that will frame their budget battles throughout the coming legislative session. Full Story
Texas leaders weren't always so skeptical about climate change. But the state's rightward shift, coupled with a booming oil and gas economy, have changed the tenor of the debate. This story was produced in collaboration with The World. Full Story
Revisit The Texas Tribune's four-part Hurting for Work series, led by reporter Jay Root, on how the state's anti-regulatory climate fueled a "Texas miracle" economy — while tearing down protections for the workers who built it. Full Story