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Quiet for now, but potential storms brewing in Texas fracking battles

Though a new Yale University study vindicates hydraulic fracturing, or fracking, from responsibility for groundwater contamination, it’s not likely to quell controversy over the practice. And despite the state of Texas’ legal defeat of a Denton fracking ban, any current quiet over the issue is no sign of acquiescence. Understanding the upcoming storm first involves Keep Reading…

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Temple ISD bond package reminds of need to review overall local government debt (TX)

Ahead of the Nov. 3 election in which Temple Independent School District voters will weigh in on a $136.5 million bond proposal, important opportunity exists to discuss Texas local government debt levels and the means by which today’s debt is grown. Understanding Texas’ overall local government debt picture is the first step toward responsible financial Keep Reading…

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Texas local debt creation: The mechanics of seeding and growing

The Nov. 3 election will bring new taxpayer-funded debt opportunity as voters weigh in on adding a total $9 billion – $12 billion or more with interest – to the state’s already hefty $328 billion debt load. Texans take pride in our fiscally responsible, small government image, but reality paints a different picture. In fact, Keep Reading…

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November election brings Texas new taxpayer-funded debt opportunities

Despite Texas already carrying record local government debt, the Nov. 3 election will bring opportunity for voters to add more than $9 billion – $12 billion or more with interest – to the state’s already hefty $328 billion debt load. Texas’ highest debt is with our school districts at $111 billion and closely followed by Keep Reading…

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Texas student debt: Outstanding loans, default rates and what this means

Today’s $1.3 trillion federal student debt includes $103 billion of loans in default, according an August 2015 Government Accountability Office report. Student loan amounts are at record highs and new government numbers detail just how well those debt obligations are being met. While Department of Education data shows the national student loan default rates dropping Keep Reading…

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