House and Senate lawmakers plan to spend at least $6 billion on property tax cuts, but haven’t yet agreed on how much relief should go to homeowners over businesses.
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
Starbase, the SpaceX site, is likely Texas’ next city. What happens next?
City leaders, who will be elected in May, will have just a short window to decide what services to provide, like police or fire, and how to tax residents.
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Texas Legislature 2025
Why Texas Republicans are trying to rein in high home prices and rents
There’s political urgency for Republicans to deal with housing affordability, especially as surveys find most Texans say housing costs are a top concern.
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Texas Legislature 2025
Texas Senate approves $500 million infusion for film incentives
Senate Bill 22 would more than double the amount of money Texas spends to lure film and television projects and has the backing of Texas movie stars including Matthew McConaughey.
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Texas Legislature 2025
$337 billion, two-year budget gets Texas House approval
The lower chamber’s plan largely aligns with the Senate’s proposal and puts billions toward teacher pay, border security and property tax cuts.
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Texas Legislature 2025
Texas plans to spend $51 billion on property tax cuts. It may not be sustainable.
State budget watchers — and some Republicans — worry Texas is spending too much on property tax cuts.
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Economy
Sales tax receipts will be closely watched as Texas tracks economic jolt of tariffs
As the Texas House prepares to vote on the budget, officials and other experts monitor national policy and state tax revenue.
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Economy
West Texas, oil companies brace for downturn following Trump’s tariffs
Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers.
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Economy
Cruz says a trade war would cost jobs, spur prices and be terrible for Texas
The Texas senator also highlights a potential “upside,” saying the Trump tariffs could entice other countries to negotiate lower trade barriers.
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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.