Economic Analysis
Washington’s Long-Term Borrowing Costs Hit Highest Level Since 2001
The 30-year Treasury yield closed at 5.66% on October 5, its highest since July 2001, even after Treasury tripled the size of its long-bond buybacks.
Analysis
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Analysis, Page 3
- Commentary
The Melancholy Conclusion
The Texians who declared independence in 1836 passed judgment on the people who acquiesced in the destruction of their liberty. Their standard still applies, and it starts with each of us.
- Political Analysis
Washington Added $2.53 Trillion to the Federal Debt in Fiscal 2026
Treasury data show the federal debt stood at $40.17 trillion when fiscal 2026 closed on September 30, up $2.53 trillion, or 6.7 percent, in a year.
- Economic Analysis
Comptroller Projects $4.33 Trillion Texas Tax Base as Value Growth Slows
Texas taxable property value is estimated at $4.33 trillion for 2026, up 5.07% after a flat 2025, and the Comptroller moved the same day to stop taxing marketplace platform fees.
- Political Analysis
Kalshi Loses Sports Contract Fight as Appeals Court Sides With States
A unanimous Sixth Circuit panel held that federal commodities law does not preempt Ohio's and Tennessee's gambling laws as applied to Kalshi's sports contracts.
- Political Analysis
Appeals Court Strikes Down 1968 Ban on Interstate Handgun Sales
The Fifth Circuit struck the federal ban on interstate handgun sales in a case brought by a Texas dealer.
- Political Analysis
Texas Asks Supreme Court to Ban Census Estimates That Decide Its House Seats
Texas joined Florida in asking the Supreme Court to bar statistical estimates from the census.
- Political Analysis
Supreme Court Keeps Missouri’s 2022 Map After Voters Force a Referendum
The Supreme Court stopped lower federal courts from forcing Missouri onto its 2025 map after a voter referendum petition suspended it. Missouri's constitution reserves that power to its people; Texas's does not.
- Political Analysis
Supreme Court Lets Texas Resume Voter Citizenship Checks Through Federal Database
The Supreme Court restored DHS's expanded SAVE citizenship database, which Texas used to check all 18 million registered voters. Travis County told the Court the data flagged citizens as noncitizens.
- Political Analysis
Texas Independence Is Not the Threat to Social Security. Washington Put the Cut on Its Own Calendar for 2032.
Texans are told independence would cost them Social Security.
- Political Analysis
Federal Debt Could Hit 222% of GDP If Rates Rise, CBO Says
CBO says federal debt reaches 175 percent of GDP by 2056 under current law and 222 percent if rates run a point higher.
- Commentary
The Ship of Theseus
The man who wants the Constitution enforced is asking for the ship to be repaired.
