Baby Boomers: your millennial children are worse-off than you. Millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis by the advocacy group Young Invincibles.
Texas Senate passes Amarillo inspired bill to stop local governments from thwarting will of citizens
The Texas Senate passed an Amarillo inspired bill to stop local governments from thwarting the will of citizens. SB 2035 protects the will of the citizens by prohibiting a taxing entity from issuing public debt to finance a voter rejected project within five years of a bond proposition’s rejection. “The City of Amarillo should never had gone behind their voters back to finance a project that their voters overwhelmingly voted down. It’s an appalling example of an Elected City Council and Mayor thwarting the will of the voters!” Texas State Senator Paul Bettencourt (R-Houston) said. In 2020, the City of Amarillo put a $275 million bond on the ballot to finance a convention center expansion project. The bond was outright rejected, with more than 60 percent of voters against the expansion project. Under current law, the City of Amarillo could have used the three-year moratorium for bringing up the expansion bond again to alter their messaging to present a better case to voters. Instead,
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