The Texas senator also highlights a potential “upside,” saying the Trump tariffs could entice other countries to negotiate lower trade barriers.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Tariffs creating uncertainty in Texas as report shows slower revenue growth since late 2024
Respondents to a Federal Reserve Bank of Dallas survey expressed concern about a reduction in consumer demand and a potential recession.
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Texas Legislature 2025
South Texas county leaders will lose some authority over SpaceX launches under new bill
The lawmakers behind the bill promised there would not be an increase in the number of days the beach is closed.
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Running Out: Texas’ Water Crisis
Store, harvest, fix: How Texas can save its water supply
State lawmakers are poised to devote billions to save the state’s water supply. These are some of the ways the state could spend the money.
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Texas Legislature 2025
Lt. Gov. Dan Patrick says he’ll push for special session if THC ban, bail changes fail
Only Gov. Greg Abbott can call for a special session. But in his role presiding over the Texas Senate, Patrick can block any bill from passing, giving him leverage to compel overtime sessions by killing must-pass legislation.
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Running Out: Texas’ Water Crisis
Texas is running out of water. Here’s why and what state leaders plan to do about it.
The state’s water supply faces numerous threats. And by one estimate, the state’s municipal supply will not meet demand by 2030 if there’s a severe drought and no water solutions are implemented.
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Texas Legislature 2025
Texas is poised to become a film haven — but not without a fight
The Texas Senate has proposed injecting a staggering half a billion dollars into film production, as economists and fiscal hawks question the return on investment.
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Texas Legislature 2025
Casinos and sports betting won’t win approval in Texas House, group of GOP members say
Gambling critics hope the net loss of more than a dozen votes for sports betting — and 10 votes for casinos — will be enough to block any action in the Texas House.
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Economy
Two Texans in Congress defend CHIPS Act in the face of Trump’s criticism
Although the president has said he wants to “get rid of” the act, Rep. Michael McCaul and Sen. John Cornyn say it supports jobs and national security.