Two top state officials offered different but equally important snapshots of Texas higher education last week. They highlight decisions lawmakers face in 2015 to keep college useful and affordable for high school grads.First came state Comptroller Susan Combs with an update on the increasingly heavy debt burden that college students carry. About 6 in 10 Texas students borrow for college. They end up owing an average of $25,244, according to the Project on Student Debt.
The Democrats who were caught standing on the beach last week when the GOP’s 40-foot wave washed over them are now explaining why it wasn’t their fault.
The day after Republicans won solid majorities in the House and Senate, House Speaker John Boehner and Senate Majority Leader-to-be Mitch McConnell outlined priorities for the newly elected Congress. High on the list is fundamental tax reform. In addition to overhauling the federal tax code, however, Congress should rein in the Internal Revenue Service.
Soon-to-be Senate Majority Leader Mitch McConnell’s post-election news conference in Louisville, Ky., last Wednesday deserved more attention than it received. He stated (and then repeated) that “we’re not going to be shutting down the government or defaulting on the national debt,” putting firebrand Ted Cruz on notice that he will marginalize himself if he tries.
As we elect a new crop of public officials in Texas this week, let’s take a moment to appreciate an outgoing official, Susan Combs, Texas comptroller of public accounts.
steps to address one of the most significant of those needs — water. Our reservoirs are only about 63 percent full, and drought is unfortunately an all too familiar sight. But we are facing this issue head-on. In 2011 voters approved $6 billion in bonding authority for water projects based on statewide assessments, and just one year ago voters approved moving $2 billion from the Economic Stabilization Fund, also known as the rainy day fund, to fund water projects for Texas.This is a responsible use of rainy day fund dollars, and these are essential steps taken toward protecting Texans from...
Texans scored a significant victory this week when the U.S. District Court in Washington D.C. soundly rejected claims by plaintiffs asserting that the dunes sagebrush lizard should have been listed as an endangered species over two years ago.
Bill Clinton made news earlier this month when he revealed, at a joint appearance with George W. Bush, that the 43rd president used to call him twice a year during his troubled second term "just to talk.""We talked about everything in the right world," Mr. Clinton said of the conversations, which lasted anywhere between 30 and 45 minutes. "He asked my opinion, half the time he disagreed with it. But I felt good about that, I thought that was a really healthy thing."
Texas sold $5.4 billion of one-year notes at a record-low yield for the second-most populous U.S. state of 0.13 percent, according to the comptroller’s office. The borrowing, which will pay for schools and other expenses before receiving tax revenue, is the state’s smallest short-term note sale since 2007 and beat last year’s previous all-time low of 0.201 percent.