We've all heard the old saying that death and taxes are the only certain things in life. In Texas the question seems to have been: debts or taxes? According to Sen. Kevin Eltife (R-Tyler), as reported in the Longview News-Journal, Texas has chosen debt over taxes when it comes to building roads. Eltife says the Texas debt burden has risen from $17 billion to $42 billion in the last ten years. And you thought Texas was a balanced budget state, right?
Eltife suggests that when the "no new taxes" mantra results in more new debt, it's not a very conservative position. Eltife says "when I talk to groups— even the tea party groups — and lay out the debt we’ve incurred … Would you rather have increased the gas tax 10 cents 10 years ago? The answer is overwhelmingly, ‘Yes. The gas tax.’ ”
But roads aren't the only problems facing Texas. The News-Journal reports "Eltife’s other two main areas of concern are in public school finance and increasingly insolvent public pension funds." He wants to address "stable, new revenue sources [that] are needed to meet the needs of a growing state."
Yes, Eltife is a Republican, a thoughtful, consistent and financially astute Republican who understands that more debt is not a conservative answer to the demands of an increasing Texas population. Here's the link to the full article: Growing state demands revenue sources for water, roads.