TPPF: 2 Recommendations for State Debt

TPPF tells us that from 2005-2014, state debt increased 123%. State debt totals $44.3 Billion, which means every human in Texas would need to fork over $1,479.

TPPF offers legislative debt solutions that include:

• requiring the principal cost of debt (debt outstanding)  be provided to taxpayers
• requuiring the total cost of future interest payments (debt service outstanding) be provided to taxpayers

To read more about informing tax payers about state debt: TPPF