Debt or Taxes?

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.

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