On Thursday, policy experts with the left-leaning think tank Every Texan (formerly the Center for Public Policy Priorities) held a panel discussion over Texas, taxes, and social justice. The discussion was moderated by the Signal’s very own David Lee and joined by...
Economy
back to archiveWhat the American Jobs Plan means for Texas
The Biden administration has officially unveiled its $2.3 trillion American Jobs Plan as part of its Build Back Better agenda. The plan seeks to create millions of jobs, tackle climate change, and make the United States more competitive vis-a-vis China. Although...
Biden administration planning $3 trillion economic recovery package
The Biden administration plans on going big yet again. After passing a $1.9 trillion COVID relief bill, the White House is now planning an additional $3 trillion package as part of its “Build Back Better” agenda. First reported by the New York Times, the sweeping plan...
What Biden’s $1.9 trillion relief package means for Texas
Last week, President Joe Biden signed the American Rescue Plan Act of 2021 into law. It’s an understatement to say that Democrats went big with the $1.9 trillion COVID relief package, which is in line with their campaign promises, the advice of economists and public...
Al Green backs budget reconciliation to pass COVID-19 relief
Rep. Al Green of Houston announced Wednesday he supports using budget reconciliation to pass COVID-19 relief. Budget reconciliation is a congressional tool that allows lawmakers to expedite spending-related legislation by using a simple majority of 51 instead of...
Contradicting his entire career, Ted Cruz claims to be a champion for unions
Following up his role in inciting the insurrection at the U.S. Capitol by rejecting votes from states that went for President Joe Biden, Senator Ted Cruz has been attempting to pivot in a new direction: championing the working class and unions. That’s a big surprise...
The strange story of Gamestonk
You don’t have to closely follow the stock market to know that something’s been up with GameStop. In one of the most bizarre financial stories of recent years, the stock price of a failing company shot up by 2,800 percent, hedge funds lost billions, some plucky...
Democrats introduce bill to boost minimum wage to $15 an hour by 2025
Congressional Democrats are introducing a bill that would see the federal minimum wage increase to $15 an hour by 2025. The "Raise the Wage Act" would increase the $7.25 federal minimum wage to $9.50 upon passage, and then raise wages by a little more than a dollar...
Will Congress act to help Texas before Christmas?
This week, a video showing thousands of Texans lining up to receive food went viral. Dallasites reportedly waited up to 12 hours to receive food in time for Thanksgiving. It’s a stark reminder for the president (preoccupied with overturning the election results) and...