AUSTIN – Today, the Texas Public Policy Foundation issued the following statements on the passage of SB 1, the 2018-19 General Appropriations Bill, by the Texas Legislature.
“We congratulate the 85th Texas Legislature for passing the 2018-19 state budget that provides a valuable step toward keeping spending within population growth plus inflation as defined by the Conservative Texas Budget," said Talmadge Heflin, director of the Center for Fiscal Policy at the Texas Public Policy Foundation. "The recent passage of the supplemental bill that completes the current 2016-17 budget period keeps that budget on a path to being the first Conservative Texas Budget in years. By holding increases in both of these budgets within population growth plus inflation, Texans win from what would be a historic second consecutive Conservative Texas Budget."
“These actions prove that legislators can meet the needs of Texans while holding the total budget within population growth plus inflation, which we’ve long advocated to include in a reformed constitutional spending limit," said Dr. Vance Ginn, economist in the Center for Fiscal Policy at the Texas Public Policy Foundation. "Continued progress in passage of a Conservative Texas Budget every session is essential "for" Texas can be more competitive from a lower tax burden that allows more opportunities for millions of Texans the best chance to prosper.”
For more information or to request an interview with Mr. Heflin or Dr. Ginn, please contact Alicia Pierce at [email protected] or 512-472-2700.
The Honorable Talmadge Heflin is director of the Center for Fiscal Policy at the Texas Public Policy Foundation. In the 78th Session, Heflin served as chairman of the House Committee on Appropriations and navigated a $10 billion state budget shortfall through targeted spending cuts that allowed Texans to avoid a tax increase.
Vance Ginn, Ph.D. is an economist in the Center for Fiscal Policy at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas. The Texas Public Policy Foundation aims to advance a societal framework that effectively fosters human flourishing based upon cooperation and mutually beneficial exchange of ideas and speech.
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