Keyword: Texas Economy
President Trump’s announced plan to pressure the Mexican government to stop the flow of migrants from Central America by imposing a blanket tariff on goods imported into the U.S. risks economic disruption, and political headaches for GOP incumbents on the ballot in 2020.
The national media storm over sexual harassment hit Texas this week, which the legislative leadership attempted to act on even as in other corners, some of the same old internecine fights in the GOP played out in the House and on the terrain of the upcoming 2018 primary elections. Congressman Gene Green’s announcement that he wouldn’t seek reelection added another wrinkle in Houston politics, this one among Democrats who are either jumping in to fight for his seat or waiting to see which #txlege competitors create new openings as a result of others' efforts to move up. Meanwhile, events in Congress provided lots of reasons why so many people don’t want to work there anymore, and some are even policy related, like the effort to combine repealing the ACA insurance mandate with the Tax Reform bill.
Speaker of the House Joe Straus continued his efforts to shift his party’s agenda into the realm of economic development and to re-engage the business sector. Meanwhile, over at the White House, apparently tired of Congress’s inability act on the ACA, Donald Trump used executive power to launch a frontal assault on Obamacare this week, with extremely uncertain political and policy results to come. Texas Governor Greg Abbott also expressed some very public frustration with Congress, who as a group had a pretty tough week even as they uncharacteristically tried to do their jobs by moving another disaster relief bill, which was passed by the House. One of those members, Texas Senator Ted Cruz, outraised his expected Democratic opponent, though also got word that he may have a primary challenger. And lest you think Congress deserves some sympathy, their response to the Las Vegas shooting devolved into the usual puddle of avoidance and utter predictability from all involved.
Oil may be struggling to stay above $30 a barrel, but the Comptroller made multiple public appearances this week urging the political and business communities not to worry. We’ll see how that looks in January 2017. Speaking of not worrying, the Dallas City council is floating the idea of moving to a cite-and-release approach to possession of less than four (!) ounces of marijuana. Lest you think Texas is going completely in the direction of personal freedom, the Attorney General cried foul over fantasy sports betting, reminding everyone that key sectors of the Republican base are still very uptight about gambling...