Dr. Perryman explains potential losses in terms of GDP that could result from such laws.
Dr. Perryman describes the economic factors for legislators to consider with this bill.
Dr. Perryman explains how a recent executive order will help Texas in terms of funding allocation.
The state's political leaders say they have reached a deal on legislation designed to slow the growth of rising property taxes.
The recent legislative session will not soon be forgotten. The focus was perpetually on anything but initiatives required to move Texas forward. Some high profile measures stalled but will no doubt resurface; others passed.
Measures to restrict voter access are under consideration in Texas and elsewhere. Irrespective of politics, such laws have substantial adverse economic consequences. We recently examined this issue in detail. The costs could potentially include billions of dollars and hundreds of thousands of Texas jobs over the next few years. (See the full report at www.perrymangroup.com.)
I was recently asked by the House Select Committee on Economic Competitiveness to offer a perspective on some of the issues affecting Texas' future performance. The Committee's purpose in the hearing was to address "principles that... should guide the state's pursuit of long-term economic growth." I am pleased that members of the legislature are thinking in these terms, as it is essential to long-term prosperity.