 On January 20 we inaugurated Joe Biden as the new president of the United States. On that day, the newly minted president signed an executive order revoking the permit for the Keystone Pipeline. The Keystone Pipeline is roughly a 1,700-mile-long pipeline (the Texas portion is around 400 miles long) in a country covered with 150,000 miles of such pipelines. Given that the pipeline stretches from Alberta, Canada to the Gulf Coast with 400 miles on Texas soil, the unilateral decision to cancel the pipeline will have significant economic effects here in the Lone Star State.
On January 20 we inaugurated Joe Biden as the new president of the United States. On that day, the newly minted president signed an executive order revoking the permit for the Keystone Pipeline. The Keystone Pipeline is roughly a 1,700-mile-long pipeline (the Texas portion is around 400 miles long) in a country covered with 150,000 miles of such pipelines. Given that the pipeline stretches from Alberta, Canada to the Gulf Coast with 400 miles on Texas soil, the unilateral decision to cancel the pipeline will have significant economic effects here in the Lone Star State.
The Keystone Pipeline was estimated to support around 11,000 jobs (Mostly in temporary construction) during 2021 alone, while supporting over 42,000 US jobs overall. Many of these jobs would be in Texas and generate $1.6 billion in gross wages. According to an estimate by the Perryman Group, it would contribute almost 2 billion to the Texas economy and generate around $1 billion in property tax revenue in Texas during its operational life. Additionally, the pipeline would introduce competition to Mexican and Venezuelan oil producers who typically supply Texas refineries, which ...
 
        




 We support Governor Abbott’s call for a special session of the Texas legislature. Too many liberty-oriented reforms died on the vine when the regular legislative session adjourned. The special session which begins tomorrow will give the legislature a much needed opportunity to address a number of issues which should not be left unresolved until the next regular session in 2019. We encourage legislators to take advantage of this opportunity to pass strong measures to reform property taxes, secure property rights with respect to municipal annexation and tree removal, enact school choice for those most in need, get the government out of the collection of union dues, and enact spending caps to keep debt from growing out of control. Enacting these and other liberty reforms this special session will help secure our future and keep Texas ranked among the top places to live, work, start or grow a business, and raise a family.
We support Governor Abbott’s call for a special session of the Texas legislature. Too many liberty-oriented reforms died on the vine when the regular legislative session adjourned. The special session which begins tomorrow will give the legislature a much needed opportunity to address a number of issues which should not be left unresolved until the next regular session in 2019. We encourage legislators to take advantage of this opportunity to pass strong measures to reform property taxes, secure property rights with respect to municipal annexation and tree removal, enact school choice for those most in need, get the government out of the collection of union dues, and enact spending caps to keep debt from growing out of control. Enacting these and other liberty reforms this special session will help secure our future and keep Texas ranked among the top places to live, work, start or grow a business, and raise a family. Creating the Texas budget is a long and complex process. The budget as it stands before the House on second reading is likely to undergo significant changes before final passage. For this reason, we refrain from taking a position at this time. However, we have reviewed all of the pre-filed amendments and we have taken a position on a number of those. Before getting to specific amendments, a few comments on how we chose which amendments to take a position on.
Creating the Texas budget is a long and complex process. The budget as it stands before the House on second reading is likely to undergo significant changes before final passage. For this reason, we refrain from taking a position at this time. However, we have reviewed all of the pre-filed amendments and we have taken a position on a number of those. Before getting to specific amendments, a few comments on how we chose which amendments to take a position on. Every two years the Texas Legislature convenes with one constitutional requirement: write and pass the balanced biennial budget. This is nothing short of a monumental task, especially this session where we are faced with less tax revenue than anticipated due to slower economic growth.
Every two years the Texas Legislature convenes with one constitutional requirement: write and pass the balanced biennial budget. This is nothing short of a monumental task, especially this session where we are faced with less tax revenue than anticipated due to slower economic growth.