State Budgets

Governor Abbott Talks Texas Success at ALEC Annual Meeting

At the 48th ALEC Annual Meeting in Salt Lake City, Governor Greg Abbott of Texas discussed economic prosperity in Texas. He noted that he was ranked first in the Laffer-ALEC Report on Economic Freedom: Grading America’s 50 Governors. Texas balanced its budget with no new taxes and added to its savings account. Governor Abbott also discussed the growth of the Texas economy, becoming the 9th largest economy in the world in 2020.

Governor Abbott notes that Texas is successful because they put the ALEC principles into practice. “We remain the committed to free markets, fiscal responsibility, and American ingenuity.”

In Depth: State Budgets

Smart budgeting is vital to a state’s financial health. The ALEC State Budget Reform Toolkit offers more than 20 policy ideas for addressing today’s shortfalls in a forthright manner, without resorting to budget gimmicks or damaging tax increases. One way to stabilize budgets over time is to embrace…

+ State Budgets In Depth