WEBVTT

1
00:00:01.560 --> 00:00:04.200
<v Speaker 1>Pat Trip Cast listeners. A couple of weeks ago, we

2
00:00:04.320 --> 00:00:09.119
<v Speaker 1>brought you my conversation with Comptroller candidate Don Huffin's a Republican. Now,

3
00:00:09.160 --> 00:00:11.679
<v Speaker 1>for a special episode, I bring you my conversation with

4
00:00:11.720 --> 00:00:14.599
<v Speaker 1>the Democratic candidate Sarah Eckhard. I hope you enjoy it.

5
00:00:14.800 --> 00:00:17.559
<v Speaker 1>This episode of the trip Cast is sponsored by Texas

6
00:00:17.600 --> 00:00:27.000
<v Speaker 1>Matters and members of the Texas Tribune. Senator, good morning,

7
00:00:27.000 --> 00:00:27.679
<v Speaker 1>thanks for being here.

8
00:00:27.800 --> 00:00:30.000
<v Speaker 2>Thank you for having me, Matthew. Thank you to Texas

9
00:00:30.000 --> 00:00:31.280
<v Speaker 2>Tribune family for having me.

10
00:00:31.559 --> 00:00:34.039
<v Speaker 1>Absolutely we are very happy to have you here. I'm

11
00:00:34.039 --> 00:00:36.520
<v Speaker 1>going to start the conversation with some hot off the

12
00:00:36.520 --> 00:00:39.119
<v Speaker 1>presses polling news. I don't know if you saw this.

13
00:00:39.119 --> 00:00:43.039
<v Speaker 1>This morning, the University of Texas Politics Project put out

14
00:00:43.079 --> 00:00:50.159
<v Speaker 1>its regular poll and raising some eyebrows at the very

15
00:00:50.200 --> 00:00:56.399
<v Speaker 1>top of the ticket, Senator Representative Taller Rico leading John

16
00:00:56.439 --> 00:01:00.240
<v Speaker 1>Cornyan forty percentage points to thirty three percentage points in

17
00:01:00.280 --> 00:01:04.480
<v Speaker 1>a hypothetical matchup in a hypothetical matchup against Ken Paxton

18
00:01:04.840 --> 00:01:08.040
<v Speaker 1>tell Rico leading forty two percent to thirty four percent.

19
00:01:08.359 --> 00:01:12.359
<v Speaker 1>That comes off of some polling that just was released yesterday,

20
00:01:12.840 --> 00:01:15.400
<v Speaker 1>also suggesting a tall Rica lead at the top forty

21
00:01:15.599 --> 00:01:18.159
<v Speaker 1>four to forty one over Cornan forty six to forty

22
00:01:18.200 --> 00:01:22.560
<v Speaker 1>one over Paxton. Neither of those polls poled the controllers race,

23
00:01:22.640 --> 00:01:27.079
<v Speaker 1>to my great disappointment heading into this conversation. But I'm curious,

24
00:01:27.200 --> 00:01:31.079
<v Speaker 1>I mean, it is not common in Texas to be

25
00:01:31.280 --> 00:01:35.079
<v Speaker 1>seeing polls like that for Democrats. I'm curious how you

26
00:01:35.200 --> 00:01:38.000
<v Speaker 1>see this and what you think that this means, you know,

27
00:01:38.040 --> 00:01:40.879
<v Speaker 1>politically for the state right now, and then particularly for

28
00:01:40.959 --> 00:01:41.719
<v Speaker 1>your race as well.

29
00:01:41.959 --> 00:01:45.719
<v Speaker 2>Well, clearly this is a wave election. I've been traveling

30
00:01:45.760 --> 00:01:50.920
<v Speaker 2>all over the state and talking to people Republicans and Democrats.

31
00:01:51.480 --> 00:01:54.400
<v Speaker 2>Folks are really fed up with thirty years of one

32
00:01:54.480 --> 00:01:58.200
<v Speaker 2>party rule, and people really do get it that one

33
00:01:58.239 --> 00:02:00.480
<v Speaker 2>party rule is not good for us, whether it's Republican

34
00:02:00.519 --> 00:02:04.319
<v Speaker 2>or Democrat, that it has a tendency to be wasteful,

35
00:02:04.439 --> 00:02:09.879
<v Speaker 2>and also it tends toward abuse, and folks retired of

36
00:02:09.919 --> 00:02:12.520
<v Speaker 2>being abused. So we're going to see a wave of

37
00:02:12.520 --> 00:02:15.439
<v Speaker 2>election this year. People feel that they have a choice

38
00:02:15.479 --> 00:02:18.000
<v Speaker 2>for the first time in literally decades, and they are

39
00:02:18.039 --> 00:02:20.800
<v Speaker 2>going to make that choice. And so I'm proud to

40
00:02:20.840 --> 00:02:24.280
<v Speaker 2>be on a ticket with James and other great Democrats

41
00:02:25.199 --> 00:02:28.680
<v Speaker 2>in order for us to restore balance and get out

42
00:02:28.680 --> 00:02:29.719
<v Speaker 2>of this abusive cycle.

43
00:02:30.159 --> 00:02:35.039
<v Speaker 1>How much do y'all see this as a slate of candidates,

44
00:02:35.039 --> 00:02:37.360
<v Speaker 1>how much of that, how much do you envision? And

45
00:02:37.400 --> 00:02:40.280
<v Speaker 1>how much of y'all y'all already sort of working together

46
00:02:40.400 --> 00:02:43.240
<v Speaker 1>as you look forward these next few months.

47
00:02:43.759 --> 00:02:45.759
<v Speaker 2>We have a lot of coordination. I mean, I've known

48
00:02:45.879 --> 00:02:50.400
<v Speaker 2>James and Gina and Vicki and John and of course

49
00:02:50.520 --> 00:02:54.599
<v Speaker 2>Nathan for years, and we've worked together for years for

50
00:02:54.719 --> 00:02:59.800
<v Speaker 2>better policy for everyday Texans. So this is a naturally

51
00:03:00.039 --> 00:03:04.960
<v Speaker 2>coordinated group of people. And the Democratic Party is producing

52
00:03:04.960 --> 00:03:09.840
<v Speaker 2>candidates that are truly capable of providing good government to

53
00:03:10.000 --> 00:03:13.879
<v Speaker 2>regular Texans. It is unfortunate that the Republican Party is

54
00:03:13.879 --> 00:03:16.840
<v Speaker 2>producing some of the worst candidates that we've seen in years.

55
00:03:17.360 --> 00:03:21.719
<v Speaker 2>And what I tell my Republican friends who are disappointed

56
00:03:21.800 --> 00:03:24.800
<v Speaker 2>in their choices over on the Republican side is you

57
00:03:24.879 --> 00:03:28.000
<v Speaker 2>won't get better choices on the Republican side until you

58
00:03:28.080 --> 00:03:30.639
<v Speaker 2>vote for a Democrat. You can always go back to

59
00:03:30.719 --> 00:03:33.960
<v Speaker 2>voting Republican when your party starts producing good candidates again.

60
00:03:34.879 --> 00:03:41.439
<v Speaker 1>So you mentioned James, Gina, Vicky, you all of those folks,

61
00:03:41.800 --> 00:03:46.319
<v Speaker 1>are you know Travis County politicians what's going on there?

62
00:03:46.599 --> 00:03:49.800
<v Speaker 1>Why are we seeing so many Travis County candidates for

63
00:03:49.840 --> 00:03:50.960
<v Speaker 1>state white office this year?

64
00:03:51.039 --> 00:03:53.280
<v Speaker 2>And you know, there must be something in the water,

65
00:03:55.280 --> 00:04:00.159
<v Speaker 2>what we have left of it. I think that we

66
00:04:00.240 --> 00:04:08.560
<v Speaker 2>have seen through redistricting, this condensing of talent into our

67
00:04:08.680 --> 00:04:14.080
<v Speaker 2>urbanized areas, and redistricting has has forced all of the

68
00:04:14.159 --> 00:04:17.600
<v Speaker 2>Democratic talent into a smaller and smaller pool. And so

69
00:04:17.920 --> 00:04:21.600
<v Speaker 2>we're seeing we're seeing some of us fish jump in

70
00:04:21.639 --> 00:04:25.199
<v Speaker 2>the pond, frankly, and I think that that is exactly

71
00:04:25.240 --> 00:04:28.040
<v Speaker 2>what's needed. I think that we need to have good

72
00:04:28.079 --> 00:04:31.160
<v Speaker 2>candidates running in every single election all across the state

73
00:04:31.160 --> 00:04:33.399
<v Speaker 2>of Texas, including statewide races.

74
00:04:33.839 --> 00:04:37.360
<v Speaker 1>Okay, so I talked about the reasons for optimism for Democrats.

75
00:04:37.360 --> 00:04:40.680
<v Speaker 1>This time, let's talk about some of the reasons for skepticism.

76
00:04:40.879 --> 00:04:43.079
<v Speaker 1>I mean, the first one is just you talk about

77
00:04:43.079 --> 00:04:47.360
<v Speaker 1>Texans being tired of you know, one party rule. That

78
00:04:47.519 --> 00:04:50.480
<v Speaker 1>being said, they have continued to choose one party rule

79
00:04:50.560 --> 00:04:54.959
<v Speaker 1>for basically every election this this century. Why do you

80
00:04:55.040 --> 00:04:58.360
<v Speaker 1>think it is that that is the case. Why do

81
00:04:58.399 --> 00:05:00.519
<v Speaker 1>you think it? You know, Democrats have been able to

82
00:05:00.519 --> 00:05:02.000
<v Speaker 1>break through so far.

83
00:05:02.519 --> 00:05:04.720
<v Speaker 2>I think part of it is the patronage system that

84
00:05:04.759 --> 00:05:07.959
<v Speaker 2>grows up inside of a one party system. When you

85
00:05:08.040 --> 00:05:11.680
<v Speaker 2>have one party rule, there's significant patronage in corporate tax

86
00:05:11.720 --> 00:05:14.519
<v Speaker 2>breaks and no bid contracts and whatnot. And so you

87
00:05:14.560 --> 00:05:18.279
<v Speaker 2>start to see, particularly in Texas where there is tragically

88
00:05:18.560 --> 00:05:22.879
<v Speaker 2>no campaign finance limit, you see these huge war chests

89
00:05:23.639 --> 00:05:28.160
<v Speaker 2>which scare off competition and also drown out any competition.

90
00:05:28.360 --> 00:05:31.399
<v Speaker 2>But I think in a wave election like this, grassroots

91
00:05:31.439 --> 00:05:36.319
<v Speaker 2>campaigns actually are more effective than huge billboards on every

92
00:05:36.399 --> 00:05:41.120
<v Speaker 2>highway and major major media advertising that nobody watches anymore,

93
00:05:41.120 --> 00:05:42.759
<v Speaker 2>and nobody trusts when they do see it.

94
00:05:43.439 --> 00:05:45.759
<v Speaker 1>Yeah, so let's let's talk about that. You know, another

95
00:05:45.759 --> 00:05:48.240
<v Speaker 1>thing that was in this poll. They didn't pull your

96
00:05:48.319 --> 00:05:53.600
<v Speaker 1>race ut. They did pull favorability, right, don Haffein's your

97
00:05:53.639 --> 00:05:58.800
<v Speaker 1>opponent twenty two percent favorable, nineteen percent unfavorable, fifty eight

98
00:05:58.879 --> 00:06:04.240
<v Speaker 1>percent don't know enough to have an opinion you particularly,

99
00:06:04.399 --> 00:06:09.480
<v Speaker 1>sixteen percent favorable, eleven percent unfavorable, seventy three percent don't know.

100
00:06:11.079 --> 00:06:14.480
<v Speaker 1>You know. You may point out right that that's a

101
00:06:14.560 --> 00:06:18.480
<v Speaker 1>higher net positive for you than your opponent, but to me,

102
00:06:18.639 --> 00:06:21.600
<v Speaker 1>the big takeaway, the biggest two numbers on those lists

103
00:06:21.680 --> 00:06:25.879
<v Speaker 1>are don't know. The comptroller obviously there's you know, let's

104
00:06:25.920 --> 00:06:27.439
<v Speaker 1>be honest, there's a lot of people who don't know

105
00:06:27.639 --> 00:06:30.240
<v Speaker 1>even that we have a comptrolleror what that job does.

106
00:06:30.560 --> 00:06:33.360
<v Speaker 1>There's a lot of work to be done in terms

107
00:06:33.399 --> 00:06:37.160
<v Speaker 1>of defining who you are to a state wide audience,

108
00:06:37.360 --> 00:06:41.560
<v Speaker 1>to defining who your opponent is state wide audience. And

109
00:06:41.639 --> 00:06:43.839
<v Speaker 1>it's going to be hard to get attention in this

110
00:06:43.959 --> 00:06:45.680
<v Speaker 1>race when there's so much at the top of the

111
00:06:45.720 --> 00:06:48.399
<v Speaker 1>ballot and other things going on. Reflect for me a

112
00:06:48.439 --> 00:06:51.079
<v Speaker 1>little bit on that. What's the strategy. How can you

113
00:06:51.639 --> 00:06:55.279
<v Speaker 1>get the word out? You know, particularly when, as you mentioned,

114
00:06:55.279 --> 00:06:57.279
<v Speaker 1>you're likely to be going up against someone who's going

115
00:06:57.279 --> 00:06:58.600
<v Speaker 1>to spend a lot of money in this race.

116
00:06:59.399 --> 00:07:04.040
<v Speaker 2>You know, the challenge is letting people know what the hell,

117
00:07:04.240 --> 00:07:07.319
<v Speaker 2>what the heck is a comptroller and who are these

118
00:07:07.360 --> 00:07:10.959
<v Speaker 2>two people vying for it. That's absolutely the challenge getting

119
00:07:11.000 --> 00:07:13.800
<v Speaker 2>across the entire state, where most people think the comptroller

120
00:07:13.879 --> 00:07:16.680
<v Speaker 2>just writes checks, when in fact, the comptroller is the

121
00:07:17.160 --> 00:07:21.199
<v Speaker 2>check on the abuse of power. And you've got two

122
00:07:21.240 --> 00:07:25.199
<v Speaker 2>candidates in this race, one who is a robber baron

123
00:07:25.279 --> 00:07:29.639
<v Speaker 2>himself and another who has actually been the check and

124
00:07:29.680 --> 00:07:37.600
<v Speaker 2>balance on budgets and on misuse misappropriation of government funds.

125
00:07:37.879 --> 00:07:40.959
<v Speaker 2>So you're absolutely right. The challenge is letting people know

126
00:07:41.079 --> 00:07:44.920
<v Speaker 2>how important this office is and also that you have

127
00:07:45.000 --> 00:07:48.680
<v Speaker 2>a real choice in who controls this office. Somebody who

128
00:07:48.720 --> 00:07:51.360
<v Speaker 2>is going to throw wide the door to robber barons,

129
00:07:51.680 --> 00:07:53.800
<v Speaker 2>or someone who's going to stand at the door and

130
00:07:54.000 --> 00:07:56.519
<v Speaker 2>follow the money and follow the law for the people

131
00:07:56.519 --> 00:07:57.439
<v Speaker 2>of the state of Texas.

132
00:07:58.120 --> 00:08:06.000
<v Speaker 1>Yeah, I mean the you know, Senator Huffines has he

133
00:08:06.040 --> 00:08:08.560
<v Speaker 1>poured a lot of money into the primary, right And

134
00:08:08.600 --> 00:08:09.959
<v Speaker 1>one of the things we learned, at least on the

135
00:08:09.959 --> 00:08:13.040
<v Speaker 1>Republican side of the primary, is a lot of times

136
00:08:13.079 --> 00:08:16.040
<v Speaker 1>we see, you know, the right wing of the party

137
00:08:16.120 --> 00:08:18.720
<v Speaker 1>or the left you know, or the more centrist wing

138
00:08:18.759 --> 00:08:24.279
<v Speaker 1>of the party can often you know, win or have

139
00:08:24.399 --> 00:08:28.199
<v Speaker 1>more success in a particular election. This year, in the

140
00:08:28.240 --> 00:08:31.680
<v Speaker 1>Republican primary in particular, what you saw was that the

141
00:08:31.759 --> 00:08:36.240
<v Speaker 1>campaigns that had the resources turned out pretty well. John

142
00:08:36.279 --> 00:08:38.519
<v Speaker 1>Cornan at the top of the ticket, spent you know,

143
00:08:38.600 --> 00:08:41.639
<v Speaker 1>his supporter, spent a ton of money supporting him, surprised

144
00:08:41.639 --> 00:08:43.399
<v Speaker 1>a lot of people by being the top vote kitterer

145
00:08:43.440 --> 00:08:47.639
<v Speaker 1>in that race. Mays Middleton for the the AG's race,

146
00:08:48.840 --> 00:08:51.519
<v Speaker 1>and then Senator Huffines again, fifteen million dollars of his

147
00:08:51.600 --> 00:08:55.320
<v Speaker 1>own funds going into that campaign seemed to really make

148
00:08:55.360 --> 00:09:00.240
<v Speaker 1>a difference. He shocked a lot of people buy winning

149
00:09:00.320 --> 00:09:05.120
<v Speaker 1>that race outright, not getting to a runoff. I mean,

150
00:09:07.240 --> 00:09:09.600
<v Speaker 1>is there are you going to be able to compete

151
00:09:09.600 --> 00:09:11.639
<v Speaker 1>with that? What is your how do you kind of

152
00:09:11.679 --> 00:09:15.480
<v Speaker 1>go about getting the resources necessary to pull this off?

153
00:09:15.879 --> 00:09:18.960
<v Speaker 2>Well, I'll raise the money necessary and then we're going

154
00:09:19.000 --> 00:09:22.799
<v Speaker 2>to do a lot of outreach. This is definitely a

155
00:09:22.840 --> 00:09:26.639
<v Speaker 2>grassroots campaign. And every campaign I've ever run has been

156
00:09:26.679 --> 00:09:30.679
<v Speaker 2>a grassroots campaign with a lot of outreach voter to

157
00:09:30.759 --> 00:09:33.600
<v Speaker 2>voter saying hey, I heard about this race and you

158
00:09:33.639 --> 00:09:37.399
<v Speaker 2>should pay attention to it. And I've won every race

159
00:09:37.440 --> 00:09:41.360
<v Speaker 2>that way. Mister Haffines has only ever purchased political power

160
00:09:41.480 --> 00:09:45.960
<v Speaker 2>or tried to. He spent considerably on one term in

161
00:09:46.000 --> 00:09:48.080
<v Speaker 2>the Texas Senate, and then he lost that race he

162
00:09:48.200 --> 00:09:52.440
<v Speaker 2>was beat. And then he spent considerably on trying to

163
00:09:52.480 --> 00:09:55.879
<v Speaker 2>buy the governor's mansion and he was beat. And then

164
00:09:55.960 --> 00:09:59.879
<v Speaker 2>of course he's recently purchased the Epstein ranch in New Mexico.

165
00:10:00.000 --> 00:10:03.840
<v Speaker 2>So I think that this is indicative and he's spending

166
00:10:03.840 --> 00:10:07.320
<v Speaker 2>a tremendous amount of his own money in this race,

167
00:10:07.720 --> 00:10:13.840
<v Speaker 2>But I think people are tired of seeing very wealthy

168
00:10:14.159 --> 00:10:19.879
<v Speaker 2>men purchase power and then continue to be rich and

169
00:10:20.000 --> 00:10:22.519
<v Speaker 2>powerful on the dime of the public.

170
00:10:23.320 --> 00:10:25.559
<v Speaker 1>There, I think is an ongoing debate within the Texas

171
00:10:25.600 --> 00:10:29.039
<v Speaker 1>Democratic Party about how in a state that has traditionally

172
00:10:29.120 --> 00:10:35.240
<v Speaker 1>voted Republican during our you know, uh, during this modern era.

173
00:10:36.000 --> 00:10:40.000
<v Speaker 1>You know, do you, as a Democrat try to appeal

174
00:10:40.039 --> 00:10:42.480
<v Speaker 1>to the middle. Do you try to appeal to those undecided,

175
00:10:42.559 --> 00:10:45.480
<v Speaker 1>more moderate voters, or do you try to ignite the

176
00:10:45.519 --> 00:10:47.919
<v Speaker 1>base and get you know, young people and get a

177
00:10:47.960 --> 00:10:50.799
<v Speaker 1>movement excited and on that I'm curious, like, what do

178
00:10:50.879 --> 00:10:55.279
<v Speaker 1>you think where do you fall on that equation? How

179
00:10:55.279 --> 00:10:57.720
<v Speaker 1>do you think you know you should be running these races,

180
00:10:57.799 --> 00:11:00.240
<v Speaker 1>this race and your your colleagues up and down the

181
00:11:00.240 --> 00:11:01.600
<v Speaker 1>ticket should be running these races.

182
00:11:01.919 --> 00:11:05.279
<v Speaker 2>I think that I would like to be able to

183
00:11:05.360 --> 00:11:11.039
<v Speaker 2>run strictly on capabilities. I'm a lawyer. I have a

184
00:11:11.080 --> 00:11:14.600
<v Speaker 2>master's in public affairs, including public finance and tax policy.

185
00:11:14.679 --> 00:11:17.919
<v Speaker 2>I've been a prosecutor, a county commissioner, a county judge,

186
00:11:18.000 --> 00:11:20.159
<v Speaker 2>which is the chief executive of the county. It's not

187
00:11:20.279 --> 00:11:23.440
<v Speaker 2>actually a judge, and a black robe, and I've been

188
00:11:23.440 --> 00:11:26.320
<v Speaker 2>a state senator for the last almost six years staring

189
00:11:26.320 --> 00:11:30.480
<v Speaker 2>into the heart of darkness. So I am prepared to

190
00:11:31.000 --> 00:11:37.440
<v Speaker 2>do the revenue estimate and review the budget for its balance.

191
00:11:38.399 --> 00:11:41.240
<v Speaker 2>I am prepared to do the analysis of what our

192
00:11:41.360 --> 00:11:44.759
<v Speaker 2>investments are in Texas, whether they're working for us, and

193
00:11:44.840 --> 00:11:47.000
<v Speaker 2>whether they're not, and if they're not working for us,

194
00:11:47.200 --> 00:11:50.039
<v Speaker 2>who they're working for. I would love to run on

195
00:11:50.360 --> 00:11:54.879
<v Speaker 2>just that, But to your point, capturing people's attention really

196
00:11:54.919 --> 00:11:59.120
<v Speaker 2>requires going out there and telling the larger narrative about

197
00:11:59.120 --> 00:12:03.559
<v Speaker 2>what's happening in politics today, what's wrong with state and

198
00:12:03.679 --> 00:12:07.360
<v Speaker 2>federal politics, which is that we have thrown open the

199
00:12:07.399 --> 00:12:10.919
<v Speaker 2>gates to robber barons who stay rich and powerful on

200
00:12:10.960 --> 00:12:15.519
<v Speaker 2>your dime. And people don't like that, and they do

201
00:12:15.639 --> 00:12:18.600
<v Speaker 2>want a watchdog. My opponent a couple of weeks ago,

202
00:12:19.240 --> 00:12:22.000
<v Speaker 2>I was very flattered that he is matching my language

203
00:12:22.000 --> 00:12:24.399
<v Speaker 2>saying that he wants to be a watchdog. But let's

204
00:12:24.399 --> 00:12:27.799
<v Speaker 2>talk about what a watchdog actually is. A watch dog

205
00:12:28.240 --> 00:12:34.120
<v Speaker 2>guards the house from robbers. Mister Huffines is a robber.

206
00:12:34.200 --> 00:12:37.080
<v Speaker 2>He will throw the door open for what he calls

207
00:12:37.399 --> 00:12:42.399
<v Speaker 2>monetized solutions to other robber barons. Like himself, and when

208
00:12:42.399 --> 00:12:45.879
<v Speaker 2>he talks about cleaning out the garage, he means letting

209
00:12:45.919 --> 00:12:49.559
<v Speaker 2>our car get taken and then burning the garage down

210
00:12:49.919 --> 00:12:53.039
<v Speaker 2>to hide the evidence of the theft.

211
00:12:54.519 --> 00:13:01.679
<v Speaker 1>Okay, so it's November of this year, and I keep

212
00:13:01.679 --> 00:13:04.000
<v Speaker 1>wanting to say twenty twenty five. You know, I know

213
00:13:04.120 --> 00:13:10.000
<v Speaker 1>that November twenty twenty six you have been elected controller.

214
00:13:10.039 --> 00:13:13.679
<v Speaker 1>It's a major, massive moment in Texas politics because a

215
00:13:13.720 --> 00:13:18.399
<v Speaker 1>Democrat has been elected statewide this century. What has happened

216
00:13:18.440 --> 00:13:22.080
<v Speaker 1>between then and now to have allowed that to happen

217
00:13:22.399 --> 00:13:24.159
<v Speaker 1>is what is your path?

218
00:13:26.200 --> 00:13:29.360
<v Speaker 2>First? My path is to get the word out that

219
00:13:29.360 --> 00:13:32.000
<v Speaker 2>people actually have a choice. They do not have to

220
00:13:32.159 --> 00:13:37.919
<v Speaker 2>just sit back and allow this this theft. Basically, they

221
00:13:38.000 --> 00:13:40.639
<v Speaker 2>have choices in this election, and they have choices that

222
00:13:40.720 --> 00:13:47.000
<v Speaker 2>can win. Also, it's important to speak with every voter,

223
00:13:47.159 --> 00:13:51.639
<v Speaker 2>Republicans and Democrats, because I can tell you from experience

224
00:13:51.799 --> 00:13:56.960
<v Speaker 2>inside the Texas Senate that my Republican colleagues are also

225
00:13:57.200 --> 00:14:00.440
<v Speaker 2>a lot of them very dissatisfied with one party rule.

226
00:14:00.480 --> 00:14:02.519
<v Speaker 2>They feel the boot on their neck more keenly than

227
00:14:02.519 --> 00:14:06.000
<v Speaker 2>I do, because I can still speak my mind. But

228
00:14:06.279 --> 00:14:11.279
<v Speaker 2>my Republican colleagues know that if they question the current leadership,

229
00:14:11.600 --> 00:14:17.720
<v Speaker 2>the retribution will be swift. That's deeply concerning to them.

230
00:14:17.759 --> 00:14:21.320
<v Speaker 2>And frankly, if I'm Greg Abbott right now, if I'm

231
00:14:21.360 --> 00:14:23.519
<v Speaker 2>standing on the deck of the ship and I look

232
00:14:23.600 --> 00:14:28.799
<v Speaker 2>to my right and my shipmates are Dan Patrick, Ken Paxton,

233
00:14:29.320 --> 00:14:34.240
<v Speaker 2>May's Middleton and Don Huffines, I'm sleeping with one eye open,

234
00:14:34.440 --> 00:14:35.799
<v Speaker 2>or I might not survive the night.

235
00:14:37.720 --> 00:14:41.720
<v Speaker 1>Okay, let's talk a little bit about the Controller's office.

236
00:14:41.960 --> 00:14:47.120
<v Speaker 1>Why did you choose this office to run for this office?

237
00:14:47.320 --> 00:14:53.279
<v Speaker 2>You know, this is the most exciting, boring office you'll

238
00:14:53.320 --> 00:15:02.679
<v Speaker 2>ever hear about. This is the boiler room of Texas policy.

239
00:15:02.759 --> 00:15:06.159
<v Speaker 2>It really is the engine. It's checking on the engines

240
00:15:06.159 --> 00:15:09.720
<v Speaker 2>of government. I'm a policy wonk. I love the way

241
00:15:09.840 --> 00:15:14.000
<v Speaker 2>government works, and I also really hate the way government

242
00:15:14.080 --> 00:15:19.559
<v Speaker 2>doesn't work. Getting inside the machinery of government to see

243
00:15:19.600 --> 00:15:24.679
<v Speaker 2>where we are investing with success and where we are

244
00:15:24.720 --> 00:15:31.039
<v Speaker 2>not investing is exciting to me. So a chance to

245
00:15:31.159 --> 00:15:36.120
<v Speaker 2>have all of the numbers and three thousand dedicated public

246
00:15:36.200 --> 00:15:40.879
<v Speaker 2>servants who will do the analysis, do the comparisons, and

247
00:15:40.960 --> 00:15:45.720
<v Speaker 2>set our investments in the context of federal, state, and

248
00:15:46.000 --> 00:15:51.679
<v Speaker 2>local investment is extremely exciting to me, and gives an

249
00:15:51.720 --> 00:15:57.679
<v Speaker 2>opportunity to more deeply inform Texans but also their representatives

250
00:15:58.600 --> 00:16:01.320
<v Speaker 2>when it comes time for the legislature to convene.

251
00:16:01.840 --> 00:16:04.240
<v Speaker 1>Okay, let's talk about some of the functions of the job.

252
00:16:04.320 --> 00:16:06.159
<v Speaker 1>You know, you mentioned what is a comfortable to do.

253
00:16:06.320 --> 00:16:09.000
<v Speaker 1>I'm imagine most people in this room know. But let's

254
00:16:09.080 --> 00:16:10.759
<v Speaker 1>let's talk about how it works and how you view

255
00:16:10.840 --> 00:16:13.120
<v Speaker 1>some of that work. Of course, one of the newest

256
00:16:13.200 --> 00:16:16.559
<v Speaker 1>tasks for the office is the administration of the school

257
00:16:16.639 --> 00:16:19.919
<v Speaker 1>voucher system. You were in the Senate when this came up.

258
00:16:20.039 --> 00:16:23.240
<v Speaker 1>You voted against the school voucher system or the you know,

259
00:16:23.279 --> 00:16:26.279
<v Speaker 1>the proposal to implement vouchers in Texas. First of all,

260
00:16:26.360 --> 00:16:28.840
<v Speaker 1>I guess before we get into how you would manage it,

261
00:16:28.919 --> 00:16:30.720
<v Speaker 1>just tell me about that vote.

262
00:16:31.559 --> 00:16:35.039
<v Speaker 2>Sure, So you know, I have worked for a legislative body,

263
00:16:35.279 --> 00:16:38.200
<v Speaker 2>and I have been in a legislative body as well

264
00:16:38.240 --> 00:16:41.600
<v Speaker 2>as being in an executive function. So I have I've

265
00:16:41.600 --> 00:16:45.919
<v Speaker 2>been staff, I've been a legislative and I've been executive.

266
00:16:46.519 --> 00:16:52.480
<v Speaker 2>It is in my capacity, in my legislative capacity, I

267
00:16:52.519 --> 00:16:58.399
<v Speaker 2>fought tooth and nail against the voucher program. I felt

268
00:16:58.440 --> 00:17:03.519
<v Speaker 2>then and I feel now that that billion dollar investment

269
00:17:04.440 --> 00:17:09.359
<v Speaker 2>will not produce a better result for far and away

270
00:17:09.640 --> 00:17:13.720
<v Speaker 2>the vast majority of Texas school children. In fact, I

271
00:17:13.799 --> 00:17:18.440
<v Speaker 2>believe that much like many corporate tax breaks, this is

272
00:17:18.480 --> 00:17:23.119
<v Speaker 2>a subsidy that is subsidized, that will subsidize activity that's

273
00:17:23.200 --> 00:17:27.880
<v Speaker 2>already occurring and not improve the educational circumstances for most

274
00:17:28.039 --> 00:17:32.480
<v Speaker 2>Texas children. So, yes, I voted against it. As your comptroller,

275
00:17:34.079 --> 00:17:36.920
<v Speaker 2>I will be in the executive branch. The executive branch's

276
00:17:37.039 --> 00:17:42.359
<v Speaker 2>role is to implement policy. I will implement that policy,

277
00:17:42.640 --> 00:17:44.720
<v Speaker 2>and I will do it. I will follow the law,

278
00:17:44.799 --> 00:17:47.200
<v Speaker 2>and I will follow the money. And in following the

279
00:17:47.279 --> 00:17:50.000
<v Speaker 2>law and following the money, I will report out honestly

280
00:17:50.400 --> 00:17:52.880
<v Speaker 2>who is benefiting most, least and not at all from

281
00:17:52.880 --> 00:17:58.400
<v Speaker 2>that program, and deeply inform the legislature for the next session.

282
00:17:59.160 --> 00:18:03.440
<v Speaker 1>Yeah, you talk on your campaign website about auditing the system.

283
00:18:03.480 --> 00:18:04.920
<v Speaker 1>Is that sort of what you're talking about? What does

284
00:18:04.960 --> 00:18:06.559
<v Speaker 1>that look like? And auditing of the.

285
00:18:06.599 --> 00:18:11.079
<v Speaker 2>Voucher Auditing the voucher system requires that every August the

286
00:18:11.079 --> 00:18:15.240
<v Speaker 2>Comptroller reports out the demography if who receives those vouchers.

287
00:18:15.960 --> 00:18:21.960
<v Speaker 2>It also requires a detailed line item of how the

288
00:18:22.039 --> 00:18:26.079
<v Speaker 2>voucher was the voucher dollars were expended, whether it was

289
00:18:26.200 --> 00:18:32.240
<v Speaker 2>on tutoring, transportation, school uniforms, and whatnot. This is important

290
00:18:32.240 --> 00:18:35.319
<v Speaker 2>information for the Texas legislature to have to know how

291
00:18:35.359 --> 00:18:38.920
<v Speaker 2>that billion dollars or frankly four billion, which is what

292
00:18:38.960 --> 00:18:42.440
<v Speaker 2>it's expected to be by the at least by the

293
00:18:42.440 --> 00:18:46.359
<v Speaker 2>twenty thirty one session, where that money is going, and

294
00:18:46.400 --> 00:18:49.720
<v Speaker 2>what you're getting for it. So that's what I mean

295
00:18:49.799 --> 00:18:54.519
<v Speaker 2>by auditing. Auditing is an important function of government, both

296
00:18:54.519 --> 00:18:58.720
<v Speaker 2>financial auditing and performance auditing, and that is a function

297
00:18:58.880 --> 00:18:59.880
<v Speaker 2>of the Comptrollers.

298
00:19:01.039 --> 00:19:04.319
<v Speaker 1>So this roll out of this system has been managed

299
00:19:04.319 --> 00:19:07.799
<v Speaker 1>by Acting Controller Kelly Hancock, one of your former colleagues

300
00:19:07.839 --> 00:19:11.480
<v Speaker 1>in the Senate. How do you feel about how this

301
00:19:11.559 --> 00:19:14.160
<v Speaker 1>has been administered? You know, again setting aside the vote,

302
00:19:14.160 --> 00:19:16.039
<v Speaker 1>like you talked about, how do you feel like this

303
00:19:16.160 --> 00:19:18.880
<v Speaker 1>has been administered by the office so far.

304
00:19:19.599 --> 00:19:22.839
<v Speaker 2>I served with Kelly Hancock in the Senate and I

305
00:19:23.079 --> 00:19:25.799
<v Speaker 2>had great admiration for him in the Texas Senate. He

306
00:19:25.920 --> 00:19:30.599
<v Speaker 2>actually was one who questioned the one party rule in

307
00:19:30.640 --> 00:19:34.279
<v Speaker 2>the Texas Senate and the retribution was swift and frankly,

308
00:19:34.759 --> 00:19:39.440
<v Speaker 2>Governor Abbott's protection could not save him, and I was

309
00:19:39.519 --> 00:19:46.039
<v Speaker 2>deeply disappointed that my former colleague, well, I'll just say

310
00:19:46.039 --> 00:19:51.680
<v Speaker 2>it broke the law by refusing to certify Muslim schools.

311
00:19:52.200 --> 00:19:58.000
<v Speaker 2>That was frankly illegal, and the courts declared it so,

312
00:19:58.720 --> 00:20:02.599
<v Speaker 2>and so he was forced ultimately to certify Muslim schools.

313
00:20:03.160 --> 00:20:09.400
<v Speaker 2>That was deeply concerning. I have seen some interesting trends

314
00:20:09.440 --> 00:20:14.960
<v Speaker 2>in the early numbers. So the families who applied skewed white,

315
00:20:15.839 --> 00:20:23.000
<v Speaker 2>skewed toward children already in private school, and also skewed

316
00:20:23.160 --> 00:20:29.000
<v Speaker 2>higher income. But interestingly, in the first tier distribution, roughly

317
00:20:29.400 --> 00:20:32.559
<v Speaker 2>half were at two hundred percent of federal poverty line

318
00:20:32.599 --> 00:20:36.160
<v Speaker 2>and below, and roughly half did not have their children

319
00:20:36.240 --> 00:20:39.960
<v Speaker 2>previously in private school. So I'm intrigued by that. I

320
00:20:40.000 --> 00:20:46.640
<v Speaker 2>have some theories on why why the distribution fell out

321
00:20:46.640 --> 00:20:49.160
<v Speaker 2>that way, but we won't know yet until we have

322
00:20:49.279 --> 00:20:52.359
<v Speaker 2>the numbers. And that's why it's so important for government

323
00:20:52.440 --> 00:20:56.279
<v Speaker 2>to be not only effective, efficient and fair, but transparent

324
00:20:56.559 --> 00:20:59.480
<v Speaker 2>so that we all can double check it and make

325
00:20:59.519 --> 00:21:01.599
<v Speaker 2>sure it is effective, efficient and fair.

326
00:21:02.240 --> 00:21:06.440
<v Speaker 1>You mentioned, you know, the possible cost of this going

327
00:21:06.519 --> 00:21:09.400
<v Speaker 1>up to maybe four billion at some point. The number

328
00:21:09.440 --> 00:21:12.720
<v Speaker 1>of people who applied for this program far outpaced the

329
00:21:13.599 --> 00:21:16.599
<v Speaker 1>amount who will likely be able to participate due to

330
00:21:17.480 --> 00:21:20.559
<v Speaker 1>the amount of funding that was available. It is written

331
00:21:20.680 --> 00:21:25.480
<v Speaker 1>into the law that the Controller shall request in the

332
00:21:25.559 --> 00:21:32.319
<v Speaker 1>upcoming legislative session the amount to fully fund the program. That,

333
00:21:32.400 --> 00:21:34.599
<v Speaker 1>of course, will be the decision of the legislature as

334
00:21:34.599 --> 00:21:36.880
<v Speaker 1>to whether to allocate that money. How do you view

335
00:21:37.279 --> 00:21:39.839
<v Speaker 1>how would you view your role? What would you be

336
00:21:40.079 --> 00:21:44.519
<v Speaker 1>doing during that legislative session in that conversation of do

337
00:21:44.559 --> 00:21:46.880
<v Speaker 1>we put more money into this? Where does this program

338
00:21:46.920 --> 00:21:47.400
<v Speaker 1>go from here?

339
00:21:47.680 --> 00:21:52.359
<v Speaker 2>You know, I quibble with the wording request. It is

340
00:21:52.400 --> 00:21:56.240
<v Speaker 2>the responsibility of the Comptroller's office under the law as

341
00:21:56.240 --> 00:22:00.599
<v Speaker 2>it was written, to calculate how much which would be

342
00:22:00.720 --> 00:22:05.240
<v Speaker 2>necessary to fund all the children on the wait list

343
00:22:05.720 --> 00:22:10.200
<v Speaker 2>who are eligible for the program. That's different from requesting

344
00:22:10.240 --> 00:22:14.319
<v Speaker 2>the funding, and I think that is an important function

345
00:22:14.400 --> 00:22:20.359
<v Speaker 2>of the comptroller to calculate how quickly this program could

346
00:22:20.519 --> 00:22:27.960
<v Speaker 2>escalate in the amount of money it is. It's soaking

347
00:22:28.039 --> 00:22:32.640
<v Speaker 2>up in a very low tax state. I think that

348
00:22:32.759 --> 00:22:39.119
<v Speaker 2>the Tax Institute, which is a nonpartisan think tank federal

349
00:22:39.200 --> 00:22:42.039
<v Speaker 2>think tank. It calculates the state and local tax burden

350
00:22:42.720 --> 00:22:45.759
<v Speaker 2>and compares it against all states, and Texas has the

351
00:22:45.799 --> 00:22:50.720
<v Speaker 2>sixth lowest tax burden in the United States, that's combined

352
00:22:50.759 --> 00:22:54.720
<v Speaker 2>state and local tax burden. So when you're looking at

353
00:22:54.720 --> 00:22:59.200
<v Speaker 2>a program that is quadrupling in as many years in

354
00:22:59.440 --> 00:23:04.799
<v Speaker 2>a very low tax environment, it is taking up space fungible.

355
00:23:05.039 --> 00:23:11.160
<v Speaker 2>You know, money being fungible for other needs. Is subsidizing

356
00:23:11.279 --> 00:23:18.519
<v Speaker 2>private schools a higher priority than water, infrastructure or some

357
00:23:18.599 --> 00:23:23.119
<v Speaker 2>of our other needs like healthcare. That is a question

358
00:23:23.160 --> 00:23:25.799
<v Speaker 2>for the legislature to answer, but it is a job

359
00:23:25.839 --> 00:23:31.319
<v Speaker 2>of the comptroller to calculate how much more money this

360
00:23:31.400 --> 00:23:36.960
<v Speaker 2>particular program is occupying of what is a limited tax revenue.

361
00:23:38.440 --> 00:23:41.680
<v Speaker 1>You mentioned you know your intention to follow the law.

362
00:23:43.440 --> 00:23:49.119
<v Speaker 1>Do you see any room within the law to change

363
00:23:49.880 --> 00:23:54.000
<v Speaker 1>aspects of this program or how it's administrated, any opportunities,

364
00:23:54.000 --> 00:23:57.519
<v Speaker 1>any things you would like to do, You know, in

365
00:23:57.559 --> 00:24:00.799
<v Speaker 1>this position of power with regard to.

366
00:24:00.720 --> 00:24:03.839
<v Speaker 2>The program, the rule setting function of any agency is

367
00:24:03.920 --> 00:24:08.880
<v Speaker 2>extremely important and it's often overlooked. The legislature when they

368
00:24:08.920 --> 00:24:14.680
<v Speaker 2>set policy, can't know every nuance of the implementation of

369
00:24:14.720 --> 00:24:19.519
<v Speaker 2>that policy, and agencies fill those gaps with rule making.

370
00:24:19.920 --> 00:24:23.759
<v Speaker 2>So there may be opportunities to make this particular program

371
00:24:23.839 --> 00:24:28.319
<v Speaker 2>more effective, efficient, fair, and transparent that are in line

372
00:24:28.920 --> 00:24:33.720
<v Speaker 2>with the legislative intent. And I would certainly want to

373
00:24:33.759 --> 00:24:36.960
<v Speaker 2>explore those to make it the most effective, efficient, fair

374
00:24:37.000 --> 00:24:39.559
<v Speaker 2>and transparent program within the law.

375
00:24:40.519 --> 00:24:45.039
<v Speaker 1>Another important aspect of the controller's job, of course, is

376
00:24:45.480 --> 00:24:52.400
<v Speaker 1>supplying the biennial revenue estimate that essentially sets the amount

377
00:24:52.400 --> 00:24:56.039
<v Speaker 1>of money that the legislature can spend every two years

378
00:24:56.039 --> 00:25:00.480
<v Speaker 1>and put in the budget. You have witnessed this process

379
00:25:01.000 --> 00:25:04.079
<v Speaker 1>several times as a state senator. How do you feel

380
00:25:04.079 --> 00:25:07.599
<v Speaker 1>like that process goes right now? Is this system working?

381
00:25:07.799 --> 00:25:11.920
<v Speaker 1>Has the previous controller done a good job of estimating

382
00:25:12.319 --> 00:25:16.319
<v Speaker 1>and you know, declaring how much the legislature has to spend.

383
00:25:16.599 --> 00:25:19.680
<v Speaker 2>I think Glenn Hager did an excellent job of estimating

384
00:25:19.680 --> 00:25:25.839
<v Speaker 2>the revenue. Of course, toward the end of his last term,

385
00:25:26.200 --> 00:25:32.839
<v Speaker 2>he had the pleasure of his historic budget surpluses, and

386
00:25:32.880 --> 00:25:36.319
<v Speaker 2>I think that his revenue estimate was was very accurate.

387
00:25:38.480 --> 00:25:45.359
<v Speaker 2>I also am mindful that part of the revenue estimate is,

388
00:25:45.440 --> 00:25:48.599
<v Speaker 2>and we may get to this is the property valuation study.

389
00:25:48.960 --> 00:25:54.240
<v Speaker 2>The property valuation study is important to that revenue estimate

390
00:25:54.319 --> 00:25:59.599
<v Speaker 2>because of the amount of property tax that is transferred

391
00:25:59.640 --> 00:26:04.000
<v Speaker 2>to this state for redistribution for public education purposes. In

392
00:26:04.039 --> 00:26:08.000
<v Speaker 2>public education is the largest of our investments at the state.

393
00:26:08.480 --> 00:26:14.880
<v Speaker 2>So this is a this is a this is an

394
00:26:14.960 --> 00:26:21.640
<v Speaker 2>uncomfortable circumstance where the Comptroller's property valuation study requires, in

395
00:26:21.680 --> 00:26:26.359
<v Speaker 2>some cases for central appraisal districts or appraisal districts to

396
00:26:27.359 --> 00:26:33.359
<v Speaker 2>appraise your property higher to meet market and meet the

397
00:26:33.400 --> 00:26:35.000
<v Speaker 2>revenue requirements of the state.

398
00:26:36.200 --> 00:26:43.880
<v Speaker 1>So do you see that work going on largely pretty

399
00:26:43.920 --> 00:26:46.240
<v Speaker 1>similarly to the way it has gone on, you know

400
00:26:46.440 --> 00:26:47.000
<v Speaker 1>in the past.

401
00:26:47.519 --> 00:26:49.759
<v Speaker 2>I think so, I think what I would seek to do.

402
00:26:50.000 --> 00:26:51.599
<v Speaker 2>First of all, you know, the first thing I want

403
00:26:51.640 --> 00:26:53.400
<v Speaker 2>to do is break one party rule. And I think

404
00:26:53.440 --> 00:26:55.880
<v Speaker 2>then everyone will be the sigh of relief, both Republicans

405
00:26:55.880 --> 00:26:59.440
<v Speaker 2>and Democrats, because I think without one party rule, my

406
00:26:59.559 --> 00:27:03.079
<v Speaker 2>Republican colleagues will be freed to speak their minds as well,

407
00:27:03.119 --> 00:27:08.480
<v Speaker 2>which would be really, really valuable. But also to get

408
00:27:08.519 --> 00:27:13.759
<v Speaker 2>inside the Comptroller's office and re establish and reinforce that

409
00:27:13.920 --> 00:27:18.440
<v Speaker 2>the revenue estimate is not a political document, it is

410
00:27:18.519 --> 00:27:22.400
<v Speaker 2>not to be politicized one way or the other, and

411
00:27:22.480 --> 00:27:26.720
<v Speaker 2>that there will not be reward or retribution in the

412
00:27:26.759 --> 00:27:30.000
<v Speaker 2>revenue estimate. It will be clean and everyone will be

413
00:27:30.039 --> 00:27:32.519
<v Speaker 2>able to rely upon it. That needs to be stated

414
00:27:32.599 --> 00:27:37.000
<v Speaker 2>over and over and over again. We will not cook

415
00:27:37.039 --> 00:27:38.920
<v Speaker 2>the books. They shall not be cooked.

416
00:27:39.440 --> 00:27:43.880
<v Speaker 1>So there has been you know you mentioned. Providing this

417
00:27:43.960 --> 00:27:45.839
<v Speaker 1>estimate has been pretty fun, I think for the cultural

418
00:27:45.839 --> 00:27:48.759
<v Speaker 1>over the last few years. Last legislative session of twenty

419
00:27:48.759 --> 00:27:52.160
<v Speaker 1>four billion dollar surplus coming in the session before that

420
00:27:52.519 --> 00:27:56.240
<v Speaker 1>thirty three billion. These are you know, astronomical numbers compared

421
00:27:56.240 --> 00:27:59.440
<v Speaker 1>to history, by far, the two largest surpluses that have

422
00:27:59.720 --> 00:28:03.559
<v Speaker 1>you know, the state has encountered going into a legislative session.

423
00:28:04.920 --> 00:28:07.880
<v Speaker 1>There are a lot of people who think that that

424
00:28:08.000 --> 00:28:10.559
<v Speaker 1>might not be the case in twenty twenty seven. Are

425
00:28:10.599 --> 00:28:11.519
<v Speaker 1>you one of those people?

426
00:28:12.279 --> 00:28:16.359
<v Speaker 2>I think that any credible analysis of our current economy

427
00:28:16.640 --> 00:28:21.440
<v Speaker 2>would indicate that we will probably see some pretty significant

428
00:28:21.480 --> 00:28:25.400
<v Speaker 2>volatility in sales tax revenue, which is the largest revenue

429
00:28:25.400 --> 00:28:28.680
<v Speaker 2>source for the state of Texas, and all those severance

430
00:28:28.759 --> 00:28:33.920
<v Speaker 2>tax the oil and gas tax will likely increase. It's

431
00:28:33.920 --> 00:28:40.759
<v Speaker 2>a lagging indicator, and it probably won't hit quickly enough

432
00:28:41.200 --> 00:28:44.680
<v Speaker 2>to even out the volatility of our sales tax revenue.

433
00:28:44.799 --> 00:28:48.720
<v Speaker 2>So yes, I do not think these historic budget surpluses

434
00:28:49.039 --> 00:28:54.200
<v Speaker 2>can continue in an economy where Texas has the largest

435
00:28:54.359 --> 00:28:58.480
<v Speaker 2>raw number of business bankruptcies of any other state in

436
00:28:58.519 --> 00:29:04.440
<v Speaker 2>the US right now, the largest number of uninsured individuals

437
00:29:04.480 --> 00:29:12.119
<v Speaker 2>of any other state in the US. These issues are

438
00:29:11.599 --> 00:29:16.279
<v Speaker 2>These are not political narratives. These are just the numbers, y'all.

439
00:29:17.000 --> 00:29:19.160
<v Speaker 2>And I don't think that the numbers are indicating that

440
00:29:19.200 --> 00:29:22.759
<v Speaker 2>we will continue to have these surpluses in the near term.

441
00:29:22.960 --> 00:29:25.200
<v Speaker 1>What do you think that's going to mean for the legislature,

442
00:29:25.279 --> 00:29:26.160
<v Speaker 1>for the state government.

443
00:29:27.119 --> 00:29:29.880
<v Speaker 2>Well, let's talk about public education funding for a moment.

444
00:29:31.319 --> 00:29:34.519
<v Speaker 2>The legislature and I voted for this. This was good policy.

445
00:29:35.240 --> 00:29:39.359
<v Speaker 2>The legislature bought down the school portion of your property

446
00:29:39.400 --> 00:29:44.119
<v Speaker 2>taxes and now is carrying a buy down figure of

447
00:29:44.160 --> 00:29:47.160
<v Speaker 2>roughly fifty one billion dollars. That's good. That means the

448
00:29:47.240 --> 00:29:53.240
<v Speaker 2>state is paying a larger percentage of the state's obligation

449
00:29:53.400 --> 00:29:57.720
<v Speaker 2>to provide public education. That's a good thing. But without

450
00:29:57.759 --> 00:30:03.400
<v Speaker 2>these budget surpluses, we are all already hearing legislature legislators

451
00:30:03.480 --> 00:30:07.640
<v Speaker 2>talking about backing away from that fifty one billion or

452
00:30:07.720 --> 00:30:12.720
<v Speaker 2>certainly not increasing that fifty one billion, which means the

453
00:30:12.799 --> 00:30:17.839
<v Speaker 2>legislature will probably want to return to over relying on

454
00:30:17.920 --> 00:30:22.680
<v Speaker 2>property taxes for the state obligation to educate every child.

455
00:30:24.119 --> 00:30:26.599
<v Speaker 1>Do you think the state should I mean, in a

456
00:30:26.640 --> 00:30:29.960
<v Speaker 1>world where you know, when you when you use surplus

457
00:30:30.000 --> 00:30:33.200
<v Speaker 1>funds to pay for property tax cuts, if you want

458
00:30:33.200 --> 00:30:35.839
<v Speaker 1>those property tax cuts to last, you have to continue

459
00:30:35.880 --> 00:30:37.680
<v Speaker 1>to use state dollars to do it. Right. This is

460
00:30:37.880 --> 00:30:40.359
<v Speaker 1>you know this, This is this is simple you know

461
00:30:40.640 --> 00:30:44.880
<v Speaker 1>simple math, math and budgeting. So in a world where

462
00:30:44.880 --> 00:30:47.160
<v Speaker 1>there is not a big surplus, it's going to be

463
00:30:47.200 --> 00:30:49.079
<v Speaker 1>harder to pay for that mass amount of money. I mean,

464
00:30:49.079 --> 00:30:53.920
<v Speaker 1>do you think the legislature should try to unwind any

465
00:30:53.960 --> 00:30:56.480
<v Speaker 1>of this? Is that something that should explore if indeed

466
00:30:56.559 --> 00:30:58.400
<v Speaker 1>we get into a situation where there's a lot less

467
00:30:58.400 --> 00:30:59.400
<v Speaker 1>money to spend on it.

468
00:30:59.519 --> 00:31:01.640
<v Speaker 2>Well again, and I go back to the fact that

469
00:31:01.759 --> 00:31:05.720
<v Speaker 2>by an unbiased, non partisan federal think tank, we are

470
00:31:05.759 --> 00:31:10.720
<v Speaker 2>the sixth lowest combined state and local tax burden in

471
00:31:10.759 --> 00:31:14.640
<v Speaker 2>the United States. That means the average Texan and everyone

472
00:31:14.680 --> 00:31:19.480
<v Speaker 2>above average tax for their wealth is paying less than

473
00:31:19.519 --> 00:31:25.240
<v Speaker 2>almost everyone else in the United States. So the state

474
00:31:26.759 --> 00:31:31.839
<v Speaker 2>over relies on property tax significantly. We should be looking

475
00:31:31.880 --> 00:31:35.960
<v Speaker 2>at other appropriate revenue sources for the state, like the

476
00:31:36.039 --> 00:31:41.720
<v Speaker 2>THHC industry instead of killing it. The THC industry could

477
00:31:41.720 --> 00:31:45.480
<v Speaker 2>provide a significant revenue source that would assist the state

478
00:31:45.519 --> 00:31:48.039
<v Speaker 2>in its obligations, like public education.

479
00:31:50.160 --> 00:31:55.559
<v Speaker 1>You you were here when your opponent, Don Hafines was

480
00:31:55.759 --> 00:31:58.200
<v Speaker 1>on the stage talking about some of these same issues.

481
00:31:58.599 --> 00:32:03.599
<v Speaker 1>He said that he wants to be closely involved with

482
00:32:03.759 --> 00:32:06.720
<v Speaker 1>you know, if he wins closely involved with the you

483
00:32:06.759 --> 00:32:09.079
<v Speaker 1>know estimate that will come out at the very beginning

484
00:32:09.160 --> 00:32:12.240
<v Speaker 1>of the session, right around when the new controller takes over.

485
00:32:12.359 --> 00:32:15.000
<v Speaker 1>You know, I would assume that work is already happening

486
00:32:15.039 --> 00:32:17.559
<v Speaker 1>in the controller's office. It will happen before we even

487
00:32:17.599 --> 00:32:19.559
<v Speaker 1>know who the next controller is. I wonder how you

488
00:32:19.559 --> 00:32:22.960
<v Speaker 1>feel about that, Like do you think, you know? Essentially,

489
00:32:23.599 --> 00:32:27.759
<v Speaker 1>like are you do you do you want to reserve

490
00:32:27.799 --> 00:32:33.920
<v Speaker 1>the right to you know, change or revise or pull

491
00:32:34.039 --> 00:32:36.400
<v Speaker 1>back on, you know, the decisions that are going to

492
00:32:36.440 --> 00:32:38.519
<v Speaker 1>be made before you come into office.

493
00:32:38.799 --> 00:32:42.119
<v Speaker 2>Well, first off, when mister Huffines was here with you,

494
00:32:42.319 --> 00:32:45.559
<v Speaker 2>he openly admitted he's never reviewed a revenue estimate before.

495
00:32:47.720 --> 00:32:51.279
<v Speaker 2>And I think it is clear from his statements in

496
00:32:51.359 --> 00:32:55.440
<v Speaker 2>this space but also in his campaign rhetoric, that he

497
00:32:55.599 --> 00:33:02.079
<v Speaker 2>would like to suppress the revenue estimate. I think that

498
00:33:02.279 --> 00:33:08.440
<v Speaker 2>it is important to keep political thumbs off the scale

499
00:33:08.559 --> 00:33:15.279
<v Speaker 2>of the revenue estimate. I certainly reserve the authority to

500
00:33:15.759 --> 00:33:19.400
<v Speaker 2>amend the revenue estimate if after I take office, I

501
00:33:19.519 --> 00:33:24.559
<v Speaker 2>see that there was a material error that caused either

502
00:33:24.839 --> 00:33:30.720
<v Speaker 2>a lower or higher estimate that will then cause problems

503
00:33:30.759 --> 00:33:35.119
<v Speaker 2>in balancing a budget. That's the comptroller's job, y'all. But

504
00:33:35.279 --> 00:33:40.720
<v Speaker 2>I am absolutely uninterested and frankly would be a watchdog

505
00:33:40.880 --> 00:33:45.079
<v Speaker 2>against putting a political thumb on the revenue estimate at

506
00:33:45.079 --> 00:33:48.559
<v Speaker 2>any time before I take office or after.

507
00:33:49.079 --> 00:33:51.559
<v Speaker 1>One of the things that I really wanted to understand

508
00:33:51.599 --> 00:33:54.720
<v Speaker 1>from him was how willing is he to sort of

509
00:33:58.160 --> 00:34:00.920
<v Speaker 1>use the office to be sort of a bull in

510
00:34:00.960 --> 00:34:04.200
<v Speaker 1>a china shop, right, to really kind of use the

511
00:34:04.240 --> 00:34:09.599
<v Speaker 1>different levers of the Comptroller's office to you know, put leverage,

512
00:34:09.679 --> 00:34:13.159
<v Speaker 1>use leverage, put pressure on you know, legislators, other statewide

513
00:34:13.199 --> 00:34:17.199
<v Speaker 1>officials and folks like that. I'll ask you the same question.

514
00:34:17.320 --> 00:34:21.599
<v Speaker 1>I mean, in a world where you are elected, I

515
00:34:21.639 --> 00:34:25.119
<v Speaker 1>think you know, it seems unlikely to me there will

516
00:34:25.159 --> 00:34:27.760
<v Speaker 1>be so much of a democratic sweep that you're working

517
00:34:27.800 --> 00:34:32.000
<v Speaker 1>with a Democratic House Senate, in all statewide officials. That

518
00:34:32.079 --> 00:34:34.840
<v Speaker 1>means you're probably going to disagree with folks at times.

519
00:34:36.119 --> 00:34:41.239
<v Speaker 1>How willing are you to sort of disrupt in that situation?

520
00:34:41.440 --> 00:34:44.559
<v Speaker 1>How willing are you to kind of grind the gears

521
00:34:44.559 --> 00:34:47.000
<v Speaker 1>of government to a halt in order to get what

522
00:34:47.039 --> 00:34:47.360
<v Speaker 1>you want.

523
00:34:48.000 --> 00:34:49.960
<v Speaker 2>Well, I think that you heard in this room from

524
00:34:50.000 --> 00:34:53.039
<v Speaker 2>mister Hawfines that he's willing to withhold checks that he's

525
00:34:53.280 --> 00:34:58.679
<v Speaker 2>legally obligated to cut to various departments of state government

526
00:34:58.719 --> 00:35:01.559
<v Speaker 2>if he disagrees with what they're doing. That's not what

527
00:35:01.599 --> 00:35:06.559
<v Speaker 2>the comptroller's job is. But what the comptroller's job is

528
00:35:06.559 --> 00:35:10.000
<v Speaker 2>is to honestly report out how our investments are performing.

529
00:35:10.440 --> 00:35:15.079
<v Speaker 2>And so if a if I as comptroller, when i'm comptroller,

530
00:35:15.119 --> 00:35:17.639
<v Speaker 2>if I see an investment that's not panning out for

531
00:35:17.679 --> 00:35:20.880
<v Speaker 2>the state of Texas, I will definitely report that out

532
00:35:20.920 --> 00:35:23.519
<v Speaker 2>to the people of Texas and the Texas legislature. This

533
00:35:23.639 --> 00:35:27.119
<v Speaker 2>investment is not producing public, you know, public benefit for you.

534
00:35:27.119 --> 00:35:29.679
<v Speaker 2>You might want to take a look at this. And also,

535
00:35:29.920 --> 00:35:33.920
<v Speaker 2>through having an effective, efficient, fair and transparent comptroller's office,

536
00:35:34.679 --> 00:35:39.639
<v Speaker 2>I can also turn to well the independent press as

537
00:35:39.679 --> 00:35:42.599
<v Speaker 2>well as independent think tanks and say, here is a

538
00:35:42.719 --> 00:35:46.320
<v Speaker 2>body of data that I think that you should really examine.

539
00:35:46.559 --> 00:35:49.280
<v Speaker 2>And we have not had a comptroller who has invited

540
00:35:49.519 --> 00:35:55.679
<v Speaker 2>in independent review of comptroller held data for a very

541
00:35:55.800 --> 00:35:59.320
<v Speaker 2>long time. That's not to say that you can't get

542
00:35:59.360 --> 00:36:02.280
<v Speaker 2>the data the Comptroller's office, but you have to know

543
00:36:02.320 --> 00:36:07.760
<v Speaker 2>in advance what you're asking for. It's it's it's it's

544
00:36:07.800 --> 00:36:08.719
<v Speaker 2>pretty opaque.

545
00:36:09.519 --> 00:36:12.960
<v Speaker 1>You you know, have, of course as a senator, worked

546
00:36:12.960 --> 00:36:16.840
<v Speaker 1>with other Republicans. It's part of the job. The Senate,

547
00:36:16.880 --> 00:36:21.800
<v Speaker 1>you know, famously a tightly held by Republicans, particularly the

548
00:36:21.840 --> 00:36:25.880
<v Speaker 1>tenate Governor Dan Patrick. How have you navigated that and

549
00:36:25.920 --> 00:36:28.840
<v Speaker 1>how does that translate to this position?

550
00:36:29.280 --> 00:36:33.320
<v Speaker 2>Well, I'm a Democrat in Texas, so of course you

551
00:36:33.320 --> 00:36:37.519
<v Speaker 2>have to work with Republicans. I have friends on both

552
00:36:37.559 --> 00:36:39.880
<v Speaker 2>sides of the aisle. But my Republican friends are are

553
00:36:41.679 --> 00:36:48.159
<v Speaker 2>very concerned about mister Huffines and and frankly concerned about

554
00:36:48.280 --> 00:36:54.880
<v Speaker 2>a growing disassociation of policy from the facts of what

555
00:36:54.920 --> 00:36:58.400
<v Speaker 2>most Texans are facing. So I think my Republican colleagues

556
00:36:58.440 --> 00:37:01.239
<v Speaker 2>will be relieved to have an honest broker in the

557
00:37:01.239 --> 00:37:02.199
<v Speaker 2>Comptroller's office.

558
00:37:03.519 --> 00:37:06.400
<v Speaker 1>A more obscure function of the controller, but one that

559
00:37:06.440 --> 00:37:09.000
<v Speaker 1>I want to ask about is that they are required

560
00:37:09.079 --> 00:37:12.280
<v Speaker 1>by law to maintain a list of companies that boycott Israel,

561
00:37:13.199 --> 00:37:17.800
<v Speaker 1>that boycott energy, companies that boycott companies that are affiliated

562
00:37:17.920 --> 00:37:21.079
<v Speaker 1>with China. These are very high stakes lists to be

563
00:37:21.159 --> 00:37:24.559
<v Speaker 1>on because it will can greatly restrict how you can

564
00:37:24.599 --> 00:37:26.559
<v Speaker 1>do business with the state, or if you can do

565
00:37:26.599 --> 00:37:28.719
<v Speaker 1>business with the state at all if you are on

566
00:37:28.719 --> 00:37:31.599
<v Speaker 1>this list. It's been a controversial thing. You've seen some

567
00:37:31.679 --> 00:37:34.280
<v Speaker 1>companies get upset about being on it and really try

568
00:37:34.320 --> 00:37:39.760
<v Speaker 1>to lobby against it. How do you envision maintaining those lists?

569
00:37:40.480 --> 00:37:43.199
<v Speaker 2>Again, my job will be to follow the law and

570
00:37:43.519 --> 00:37:45.960
<v Speaker 2>follow the money. So I will follow the law in

571
00:37:46.039 --> 00:37:50.119
<v Speaker 2>compiling that list, but I will also follow the money.

572
00:37:51.239 --> 00:37:54.440
<v Speaker 2>And this is what I mean by that, calculating the

573
00:37:54.599 --> 00:38:01.239
<v Speaker 2>impact of excluding these companies on the bond rating and

574
00:38:01.320 --> 00:38:06.840
<v Speaker 2>the cost of renting money by local and state governments.

575
00:38:07.360 --> 00:38:11.800
<v Speaker 2>So by taking these companies off the list, you shrink

576
00:38:11.880 --> 00:38:16.920
<v Speaker 2>the pool of ready capital for projects at this at

577
00:38:16.960 --> 00:38:20.440
<v Speaker 2>the local and the state level, and that costs you money.

578
00:38:20.920 --> 00:38:24.360
<v Speaker 2>That costs taxpayer dollars. So not only will I follow

579
00:38:24.400 --> 00:38:26.599
<v Speaker 2>the law, even though I disagree with it, I will

580
00:38:26.639 --> 00:38:32.199
<v Speaker 2>also follow the monetary impact of having restricted our access

581
00:38:32.199 --> 00:38:34.599
<v Speaker 2>to capital through maintaining this list.

582
00:38:34.960 --> 00:38:36.880
<v Speaker 1>So I mean, there are you know, there are many

583
00:38:36.880 --> 00:38:39.880
<v Speaker 1>people in your party who are very you know themselves

584
00:38:40.320 --> 00:38:43.239
<v Speaker 1>upset agree at Israel in particular, you know the way

585
00:38:43.239 --> 00:38:48.280
<v Speaker 1>they've administered this war and causa. Uh you do you? Do?

586
00:38:48.320 --> 00:38:48.599
<v Speaker 2>You not?

587
00:38:48.960 --> 00:38:51.719
<v Speaker 1>Do you see any issue with maintaining such a list?

588
00:38:51.760 --> 00:38:54.239
<v Speaker 2>And I see all kinds of issues with maintaining that list.

589
00:38:54.280 --> 00:38:57.719
<v Speaker 2>But again, this is an executive position, not a legislative position.

590
00:38:58.039 --> 00:39:00.519
<v Speaker 2>As a legislator, I stood on the floor of the

591
00:39:00.519 --> 00:39:04.280
<v Speaker 2>Senate and said, lists, lists, lists, We keep creating lists.

592
00:39:04.360 --> 00:39:09.320
<v Speaker 2>That's what authoritarian regimes do. We're keeping lists of authoritarian regimes,

593
00:39:09.320 --> 00:39:12.960
<v Speaker 2>and we are becoming one. So yes, I voted against

594
00:39:13.079 --> 00:39:17.320
<v Speaker 2>such lists. But as Comptroller, I again would have to

595
00:39:17.440 --> 00:39:21.400
<v Speaker 2>follow the law, but I would also have the authority

596
00:39:21.519 --> 00:39:26.119
<v Speaker 2>and frankly, the responsibility of reporting out to Texans and

597
00:39:26.159 --> 00:39:30.760
<v Speaker 2>the Texas legislature what the fiscal impact is of restricting

598
00:39:30.760 --> 00:39:33.960
<v Speaker 2>our access to capital by maintaining these lists.

599
00:39:34.400 --> 00:39:37.559
<v Speaker 1>Okay, folks in the audience and watching on livestream have

600
00:39:37.679 --> 00:39:40.079
<v Speaker 1>been sending in some questions that Matt has been sending

601
00:39:40.119 --> 00:39:42.079
<v Speaker 1>to my phone. I will soon be pulling up my

602
00:39:42.079 --> 00:39:44.840
<v Speaker 1>phone to look at it. I'm not playing Candy Crush,

603
00:39:44.920 --> 00:39:48.199
<v Speaker 1>I'm doing that. But there's still time to get a

604
00:39:48.280 --> 00:39:50.480
<v Speaker 1>question in as we go through that part. So please,

605
00:39:50.840 --> 00:39:54.039
<v Speaker 1>if you have questions, for the senator, please put them in.

606
00:39:54.079 --> 00:39:55.639
<v Speaker 1>But I'm going to ask you one more before we

607
00:39:55.719 --> 00:39:58.559
<v Speaker 1>get to that, which is just about the sort of

608
00:39:58.920 --> 00:40:04.000
<v Speaker 1>executive function of, you know, overseeing an agency with many

609
00:40:04.039 --> 00:40:08.360
<v Speaker 1>employees and you know, in a significant budget. Your opponent

610
00:40:09.920 --> 00:40:12.880
<v Speaker 1>talked pretty openly about an interest in cutting down in

611
00:40:12.880 --> 00:40:15.400
<v Speaker 1>the number of staff, and I think seemed to be

612
00:40:15.480 --> 00:40:18.599
<v Speaker 1>hinting pretty strongly that he saw a decent amount of

613
00:40:18.960 --> 00:40:22.280
<v Speaker 1>turnover coming in that office if he were to win,

614
00:40:23.280 --> 00:40:26.280
<v Speaker 1>and some redirection of, you know, some of the work

615
00:40:26.360 --> 00:40:29.360
<v Speaker 1>that folks did. He talked about taking people whose job

616
00:40:29.360 --> 00:40:32.559
<v Speaker 1>it is to audit businesses for tax compliance and instead

617
00:40:32.639 --> 00:40:37.119
<v Speaker 1>refocus them on auditing government programs in the state. How

618
00:40:37.159 --> 00:40:39.840
<v Speaker 1>do you see the staff of the Comptroller's office right now?

619
00:40:39.880 --> 00:40:43.440
<v Speaker 1>Do you foresee big changes if you were to be elected.

620
00:40:44.920 --> 00:40:49.400
<v Speaker 2>I was in a church recently where a handful of

621
00:40:49.400 --> 00:40:51.400
<v Speaker 2>prisoners came up to me and said, we all work

622
00:40:51.480 --> 00:40:55.440
<v Speaker 2>for the comptroller's office. You have to win. I was

623
00:40:55.599 --> 00:40:59.440
<v Speaker 2>in Gillespie County, out in the whole country, and a

624
00:40:59.519 --> 00:41:01.199
<v Speaker 2>nice one and walked up to me and said, oh

625
00:41:01.239 --> 00:41:02.920
<v Speaker 2>my god, I work at the Comptroller's office. You have

626
00:41:02.960 --> 00:41:07.679
<v Speaker 2>to win. Last night, I was at an event and

627
00:41:07.760 --> 00:41:10.000
<v Speaker 2>somebody walked up to me and says, my father works

628
00:41:10.000 --> 00:41:11.800
<v Speaker 2>at the Comptroller's office and he's going to take early

629
00:41:11.840 --> 00:41:15.480
<v Speaker 2>retirement unless you win. So we will see a significant

630
00:41:15.519 --> 00:41:19.159
<v Speaker 2>brain drain out of the Comptroller's office if I don't win,

631
00:41:19.760 --> 00:41:23.679
<v Speaker 2>and that will be really, really bad news for Texas.

632
00:41:24.679 --> 00:41:28.280
<v Speaker 2>So I don't think that mister Huffines would have to

633
00:41:28.599 --> 00:41:32.280
<v Speaker 2>do a big staff production. I think you'd see a

634
00:41:32.320 --> 00:41:37.000
<v Speaker 2>stampede to the door in advance of being asked to

635
00:41:37.400 --> 00:41:43.760
<v Speaker 2>do things that are unsavory. No auditor worth their salt

636
00:41:44.079 --> 00:41:47.519
<v Speaker 2>wants to put their thumb on the scale for political purposes.

637
00:41:48.800 --> 00:41:53.639
<v Speaker 2>An auditor who has spent their career making sure that

638
00:41:53.800 --> 00:41:57.519
<v Speaker 2>our tax system is fair and equally applied does not

639
00:41:57.679 --> 00:42:03.639
<v Speaker 2>want their skills turned on auditing government, which is what

640
00:42:03.719 --> 00:42:04.800
<v Speaker 2>he said he wanted to do.

641
00:42:05.000 --> 00:42:05.079
<v Speaker 1>That.

642
00:42:05.119 --> 00:42:11.000
<v Speaker 2>He wanted to turn these auditors who are uh expert,

643
00:42:11.079 --> 00:42:15.079
<v Speaker 2>you know, have expertise in looking for tax dodges, uh

644
00:42:15.159 --> 00:42:18.079
<v Speaker 2>and instead have them look at local governments. And he

645
00:42:18.159 --> 00:42:20.480
<v Speaker 2>was very specific about that, he wants to look at

646
00:42:20.599 --> 00:42:25.599
<v Speaker 2>local governments. Uh. Mister Huffines was very clear that he

647
00:42:25.639 --> 00:42:29.679
<v Speaker 2>wants to use the office for political retribution, and that's

648
00:42:29.679 --> 00:42:31.079
<v Speaker 2>not what the office is for.

649
00:42:31.800 --> 00:42:31.920
<v Speaker 1>Uh.

650
00:42:32.039 --> 00:42:35.840
<v Speaker 2>And that is dangerous, y'all. That's what happens in a

651
00:42:35.840 --> 00:42:39.199
<v Speaker 2>one party system that exists too long. It starts to

652
00:42:39.239 --> 00:42:44.039
<v Speaker 2>take retribution on itself. And I think that's what we're

653
00:42:44.079 --> 00:42:44.800
<v Speaker 2>we're seeing now.

654
00:42:45.239 --> 00:42:48.880
<v Speaker 1>Yeah, and he's talked about, you know, dojing Texas government. Uh,

655
00:42:49.239 --> 00:42:51.599
<v Speaker 1>I'm going to take a leap and assume that you

656
00:42:51.599 --> 00:42:54.599
<v Speaker 1>would not use that term to to talk about, you know,

657
00:42:54.639 --> 00:42:56.719
<v Speaker 1>the review of state government. That being said, I mean,

658
00:42:56.760 --> 00:42:59.719
<v Speaker 1>the Comptroller's Office has a long history of of you know,

659
00:42:59.760 --> 00:43:03.599
<v Speaker 1>review inefficiency within state government. Uh, you know, dating back

660
00:43:03.599 --> 00:43:06.639
<v Speaker 1>to the back when there were Democrats in the office

661
00:43:06.679 --> 00:43:08.840
<v Speaker 1>and gained a lot of national attention for the work

662
00:43:08.920 --> 00:43:12.360
<v Speaker 1>being done there. I mean, what about that aspect of

663
00:43:12.800 --> 00:43:16.119
<v Speaker 1>the job? Do you do you see? Do you like

664
00:43:16.199 --> 00:43:18.480
<v Speaker 1>the idea of kind of turning a magnifying glass to

665
00:43:18.679 --> 00:43:21.559
<v Speaker 1>state government and trying to find ways to save money.

666
00:43:21.719 --> 00:43:23.920
<v Speaker 2>Well, first you have to understand the machine before you

667
00:43:23.960 --> 00:43:26.840
<v Speaker 2>take a hammer to it. And John Sharp was a

668
00:43:26.880 --> 00:43:31.440
<v Speaker 2>great example of that. He was and is a very

669
00:43:31.480 --> 00:43:34.559
<v Speaker 2>deep thinker, really knows how the machinery works. And he

670
00:43:34.679 --> 00:43:38.440
<v Speaker 2>used what were called the gears the government efficiency and

671
00:43:38.599 --> 00:43:44.599
<v Speaker 2>Effectiveness reports to inform the legislature where improvements could be

672
00:43:44.639 --> 00:43:47.400
<v Speaker 2>made and where real cost savings could be had. And

673
00:43:47.519 --> 00:43:51.360
<v Speaker 2>that's uh, that was super super useful. But of course

674
00:43:51.519 --> 00:43:54.559
<v Speaker 2>those gear reports were moved out of the Comptroller's office

675
00:43:54.599 --> 00:43:57.719
<v Speaker 2>and moved into the LBB. And that's there was a

676
00:43:57.760 --> 00:44:01.280
<v Speaker 2>reason for that. The Texas Comptroller is in independently elected

677
00:44:01.320 --> 00:44:07.960
<v Speaker 2>statewide official. The one party rulers much preferred to have

678
00:44:08.119 --> 00:44:12.639
<v Speaker 2>those effectiveness and efficiency reports in the LBB where they

679
00:44:12.639 --> 00:44:16.000
<v Speaker 2>could be controlled better. And I think the proof is

680
00:44:16.000 --> 00:44:19.280
<v Speaker 2>in the pudding the LBB. Now, the fiscal notes that

681
00:44:19.320 --> 00:44:23.199
<v Speaker 2>come out of the LBB often say that there is

682
00:44:23.360 --> 00:44:27.559
<v Speaker 2>no fiscal impact on our local governments. For instance, even

683
00:44:27.639 --> 00:44:32.639
<v Speaker 2>though seventy percent of public roads are funded by local governments,

684
00:44:32.679 --> 00:44:36.800
<v Speaker 2>more than fifty percent of healthcare is I mean sorry,

685
00:44:36.800 --> 00:44:40.760
<v Speaker 2>courts are funded by local governments. Roughly ninety percent of

686
00:44:40.840 --> 00:44:43.679
<v Speaker 2>law enforcement is funded by local governments, and yet the

687
00:44:43.840 --> 00:44:48.639
<v Speaker 2>LBB consistently reports out no significant impact in their fiscal

688
00:44:48.800 --> 00:44:50.320
<v Speaker 2>fiscal notes on bills.

689
00:44:50.800 --> 00:44:53.079
<v Speaker 1>All right, thank you everybody for your questions. Let me

690
00:44:53.880 --> 00:44:57.480
<v Speaker 1>ask some of them here. Dale from Austin asks Texas

691
00:44:57.519 --> 00:45:00.719
<v Speaker 1>is the highest consumer of government spending on climate disasters.

692
00:45:01.079 --> 00:45:04.599
<v Speaker 1>What can the office do to deal or mitigate this

693
00:45:04.800 --> 00:45:07.159
<v Speaker 1>huge expense for taxpayers?

694
00:45:07.199 --> 00:45:11.239
<v Speaker 2>Such a great question. So yes, Texas has more extreme

695
00:45:11.239 --> 00:45:13.360
<v Speaker 2>weather events than any other state in the Union, and

696
00:45:13.400 --> 00:45:17.320
<v Speaker 2>those extreme weather events are getting more frequent and more severe.

697
00:45:18.320 --> 00:45:21.360
<v Speaker 2>In twenty twenty four, December of twenty twenty four, right

698
00:45:21.360 --> 00:45:25.719
<v Speaker 2>before the legislature convened, we had our first ever Texas

699
00:45:25.760 --> 00:45:29.039
<v Speaker 2>flood report that came out from the Texas Water Development

700
00:45:29.079 --> 00:45:34.239
<v Speaker 2>Board showing that a little over twenty percent of all

701
00:45:34.280 --> 00:45:39.360
<v Speaker 2>of Texas is in a flood zone. And then it

702
00:45:39.400 --> 00:45:43.239
<v Speaker 2>gave very specific recommendations for what Texas could invest in

703
00:45:43.760 --> 00:45:48.559
<v Speaker 2>to mitigate the risk to Texans living in flood zones.

704
00:45:49.400 --> 00:45:52.400
<v Speaker 2>And we hardly touched the document. And then what happened.

705
00:45:53.440 --> 00:45:56.119
<v Speaker 2>We had a flood and a lot of people died.

706
00:45:57.559 --> 00:46:02.199
<v Speaker 2>And that's the kind of investment we need to be

707
00:46:02.320 --> 00:46:05.800
<v Speaker 2>looking at. We are under invested in mitigating risk from

708
00:46:05.840 --> 00:46:09.400
<v Speaker 2>extreme weather and we need to look at that. The

709
00:46:09.400 --> 00:46:12.639
<v Speaker 2>State of Texas has hardly any investment in water infrastructure.

710
00:46:12.639 --> 00:46:17.920
<v Speaker 2>For instance, the state lends money to locals to build

711
00:46:17.920 --> 00:46:21.039
<v Speaker 2>the water infrastructure they need, but it's expected that that

712
00:46:21.119 --> 00:46:23.559
<v Speaker 2>be a revolving fund and that the money come back

713
00:46:23.920 --> 00:46:28.519
<v Speaker 2>from fees off of those water utilities, so we really

714
00:46:28.519 --> 00:46:31.400
<v Speaker 2>do need to make a deeper investment. We have made

715
00:46:31.400 --> 00:46:33.800
<v Speaker 2>a step in the right direction with twenty billion dollars

716
00:46:33.840 --> 00:46:37.679
<v Speaker 2>toward the water Fund, but the Texas Water Development Board

717
00:46:37.760 --> 00:46:42.400
<v Speaker 2>recently increased their estimate of our overall need to just

718
00:46:42.480 --> 00:46:46.440
<v Speaker 2>over one hundred and seventy billion. So this is the

719
00:46:46.519 --> 00:46:48.519
<v Speaker 2>kind of investment we need to be looking at at

720
00:46:48.559 --> 00:46:52.000
<v Speaker 2>the state level. Some of our communities across the state

721
00:46:52.039 --> 00:46:55.760
<v Speaker 2>of Texas don't have the bonding capacity to make that

722
00:46:55.840 --> 00:46:58.920
<v Speaker 2>kind of investment without assistance from the state and from

723
00:46:58.920 --> 00:46:59.800
<v Speaker 2>the federal government.

724
00:47:01.000 --> 00:47:04.400
<v Speaker 1>All right, Steve from East Texas asks if you can

725
00:47:04.440 --> 00:47:07.880
<v Speaker 1>clarify your position on the various grant programs the Controller

726
00:47:07.880 --> 00:47:11.159
<v Speaker 1>administers and how you will support these programs if elected

727
00:47:11.199 --> 00:47:12.079
<v Speaker 1>to office.

728
00:47:12.480 --> 00:47:14.920
<v Speaker 2>The Comptroller's office has become a grab bag of a

729
00:47:15.039 --> 00:47:18.880
<v Speaker 2>number to administer a number of grants. One of them

730
00:47:19.199 --> 00:47:23.000
<v Speaker 2>is the bad which you know, I'm going to flub

731
00:47:23.039 --> 00:47:26.360
<v Speaker 2>what BEAD stands for, but essentially it's the federal grant

732
00:47:26.400 --> 00:47:30.480
<v Speaker 2>for extending broadband all across the state of Texas. Texas

733
00:47:30.519 --> 00:47:34.559
<v Speaker 2>remains one of the states that is lagging behind in

734
00:47:34.679 --> 00:47:38.119
<v Speaker 2>access to broadband, and there is roughly one point three

735
00:47:38.159 --> 00:47:46.800
<v Speaker 2>billion dollars left in that grant, and Comptroller Hager suggested

736
00:47:46.840 --> 00:47:51.920
<v Speaker 2>sending the money back, which I think is concerning. I

737
00:47:52.039 --> 00:47:55.320
<v Speaker 2>understand why he suggested sending it back. It has to

738
00:47:55.320 --> 00:47:59.440
<v Speaker 2>do with a Trump administration change in the utilization of

739
00:47:59.480 --> 00:48:03.639
<v Speaker 2>the money, and the Trump administration would call the job done,

740
00:48:04.159 --> 00:48:08.760
<v Speaker 2>and therefore Comptroller Hager suggested them sending the money back.

741
00:48:08.960 --> 00:48:12.079
<v Speaker 2>But I would want to make sure that we repatriate

742
00:48:12.239 --> 00:48:17.639
<v Speaker 2>every federal dollar that Texans have paid for. We pay

743
00:48:17.679 --> 00:48:23.039
<v Speaker 2>a lot in income tax, and we should be repatriating

744
00:48:23.199 --> 00:48:28.440
<v Speaker 2>every formula fund that's available, and we don't. We don't

745
00:48:28.679 --> 00:48:34.760
<v Speaker 2>in medicaid funding, we don't in supplemental nutritional assistance, we

746
00:48:34.840 --> 00:48:41.519
<v Speaker 2>don't in indigent civil and criminal courts. We're just not

747
00:48:41.679 --> 00:48:47.000
<v Speaker 2>repatriating our federal tax dollars. And that is unfortunately political

748
00:48:49.400 --> 00:48:52.880
<v Speaker 2>but foolish economically. That's our money. We should make sure

749
00:48:52.920 --> 00:48:55.920
<v Speaker 2>that we get our fair share and that we use

750
00:48:55.960 --> 00:48:57.719
<v Speaker 2>it for the people of the state of Texas.

751
00:48:58.079 --> 00:49:01.360
<v Speaker 1>Excellent, Emily and Austin ask if you don't win, how

752
00:49:01.360 --> 00:49:05.360
<v Speaker 1>would this election affect your future work in the state Senate?

753
00:49:06.519 --> 00:49:10.400
<v Speaker 2>My work in Texas as a public servant, frankly doesn't

754
00:49:10.480 --> 00:49:15.039
<v Speaker 2>change whether I'm comptroller or state senator. My mission is

755
00:49:15.079 --> 00:49:18.559
<v Speaker 2>for government to be effective, efficient, fair and transparent and

756
00:49:18.679 --> 00:49:22.000
<v Speaker 2>actually deliver services to the state of Texas instead of

757
00:49:22.079 --> 00:49:27.039
<v Speaker 2>quibbling over culture issues ad nauseum. We often see the

758
00:49:27.360 --> 00:49:30.159
<v Speaker 2>current leadership and again, this is a one party thing,

759
00:49:30.400 --> 00:49:35.159
<v Speaker 2>Democrat or Republican. This one party thing says, look over there,

760
00:49:35.199 --> 00:49:39.440
<v Speaker 2>there's an emergency, a disaster is being declared right over there,

761
00:49:39.760 --> 00:49:42.840
<v Speaker 2>while over here they're picking your pockets and giving away

762
00:49:43.000 --> 00:49:46.719
<v Speaker 2>corporate tax breaks and snow bit contracts. That's the kind

763
00:49:46.760 --> 00:49:49.159
<v Speaker 2>of thing that needs to stop. And I will work

764
00:49:49.280 --> 00:49:52.159
<v Speaker 2>to end that kind of pay to play patronage whether

765
00:49:52.199 --> 00:49:54.679
<v Speaker 2>I'm in the Texas Comptroller or whether I'm in the

766
00:49:54.679 --> 00:49:57.760
<v Speaker 2>Texas Senate. But I'll tell you the Texas Comptroller is

767
00:49:57.800 --> 00:50:00.800
<v Speaker 2>a way better platform to combat that kind of behavior

768
00:50:01.119 --> 00:50:02.519
<v Speaker 2>than in Dan Patrick's Senate.

769
00:50:03.679 --> 00:50:08.159
<v Speaker 1>All Right, Jacob from Austin asks or says, Texans pay

770
00:50:08.199 --> 00:50:11.159
<v Speaker 1>a lot in property taxes. Most of those are assessed

771
00:50:11.159 --> 00:50:15.039
<v Speaker 1>at the local level, but are used to pay for rhoades, jails, courts,

772
00:50:15.119 --> 00:50:19.159
<v Speaker 1>mental health, elections, indigen healthcare, and many other state services.

773
00:50:19.440 --> 00:50:22.159
<v Speaker 1>What role can the Texas control our play when it

774
00:50:22.199 --> 00:50:25.480
<v Speaker 1>comes to truth and taxation to ensure the state pays

775
00:50:25.519 --> 00:50:29.480
<v Speaker 1>for services rather than shifting that burden to property tax payers.

776
00:50:29.760 --> 00:50:33.719
<v Speaker 2>One of my goals has always been, you know, I

777
00:50:33.800 --> 00:50:36.480
<v Speaker 2>went to state government because I was for twenty two

778
00:50:36.559 --> 00:50:39.679
<v Speaker 2>years in local government and I was frankly getting tired

779
00:50:39.880 --> 00:50:44.079
<v Speaker 2>of the state, the state that had just stopped governing

780
00:50:44.119 --> 00:50:46.079
<v Speaker 2>and just did nothing but complain about those of us

781
00:50:46.079 --> 00:50:51.280
<v Speaker 2>who still did. So one of my chief goals in

782
00:50:51.320 --> 00:50:55.880
<v Speaker 2>public service is to put in context how we pay

783
00:50:55.960 --> 00:51:00.880
<v Speaker 2>for things. And like I mentioned, ninety percent of law

784
00:51:00.920 --> 00:51:05.280
<v Speaker 2>enforcement is paid for by your local property taxes. More

785
00:51:05.320 --> 00:51:07.840
<v Speaker 2>than fifty percent of courts are paid for by your

786
00:51:07.880 --> 00:51:11.800
<v Speaker 2>local property taxes, more than seventy percent of your public

787
00:51:11.920 --> 00:51:14.960
<v Speaker 2>roads are paid for by local property taxes. And an

788
00:51:14.960 --> 00:51:20.880
<v Speaker 2>emergency response that's usually fronted by your local property taxes

789
00:51:20.920 --> 00:51:24.000
<v Speaker 2>and then reimbursed by the federal government. But we're starting

790
00:51:24.000 --> 00:51:26.360
<v Speaker 2>to wonder whether the federal government is going to continue

791
00:51:26.400 --> 00:51:30.960
<v Speaker 2>to reimburse right, And so it's important, and you know,

792
00:51:31.360 --> 00:51:32.679
<v Speaker 2>give me the question again because I want to make

793
00:51:32.679 --> 00:51:35.960
<v Speaker 2>sure I address it. Let's see, okay, O, truth and taxation,

794
00:51:36.039 --> 00:51:40.199
<v Speaker 2>Truth and taxation. So it's important that the Comptroller actually

795
00:51:40.360 --> 00:51:47.199
<v Speaker 2>lay out in easily found infographics where your money is

796
00:51:47.320 --> 00:51:52.039
<v Speaker 2>coming from. To pay for these services. It requires a federal, state,

797
00:51:52.119 --> 00:51:56.559
<v Speaker 2>and local partnership. But what we're seeing is we're over

798
00:51:56.639 --> 00:52:02.960
<v Speaker 2>relying on that property tax in order to avoid looking

799
00:52:03.079 --> 00:52:09.599
<v Speaker 2>for appropriate revenue sources and also stop the bleedout on

800
00:52:10.199 --> 00:52:15.840
<v Speaker 2>corporate tax giveaways. Let me tell you can I riff

801
00:52:15.880 --> 00:52:21.679
<v Speaker 2>for a moment on corporate tax incentives. The tax code

802
00:52:21.840 --> 00:52:26.599
<v Speaker 2>is super powerful for incentivizing behavior that the market would

803
00:52:26.599 --> 00:52:31.760
<v Speaker 2>not otherwise produce, and behaviors that are good for public benefit.

804
00:52:33.000 --> 00:52:36.840
<v Speaker 2>But when you start to give preferential tax treatment to

805
00:52:36.920 --> 00:52:40.880
<v Speaker 2>corporations to do what's already in their best interest, you

806
00:52:40.960 --> 00:52:46.480
<v Speaker 2>are simply giving your money away and you are forcing

807
00:52:46.559 --> 00:52:50.480
<v Speaker 2>the tax burden onto everybody else. So it's important that

808
00:52:50.519 --> 00:52:55.519
<v Speaker 2>the Comptroller do the kind of analysis necessary to show

809
00:52:55.519 --> 00:52:59.760
<v Speaker 2>what public benefit has actually been returned for the investment

810
00:52:59.840 --> 00:53:03.199
<v Speaker 2>in these corporate tax breaks. It's also important that the

811
00:53:03.239 --> 00:53:09.239
<v Speaker 2>Comptroller's office claw back corporate tax breaks that do not

812
00:53:09.440 --> 00:53:13.119
<v Speaker 2>live up to their promise in public benefit. We've not

813
00:53:13.320 --> 00:53:15.840
<v Speaker 2>seen a lot of that from the Comptroller's office. I

814
00:53:15.840 --> 00:53:18.719
<v Speaker 2>could only find one in the recent past, and it

815
00:53:18.800 --> 00:53:22.039
<v Speaker 2>was on a solar farm. I have a hard time

816
00:53:22.119 --> 00:53:28.440
<v Speaker 2>believing that corporate tax breaks on the promise of a

817
00:53:28.440 --> 00:53:33.119
<v Speaker 2>public benefit that was not already being produced by the market.

818
00:53:34.159 --> 00:53:38.400
<v Speaker 2>I have a hard time believing that we have seen

819
00:53:39.760 --> 00:53:45.280
<v Speaker 2>no corporate tax breaks that didn't live up to their expectations.

820
00:53:45.679 --> 00:53:47.760
<v Speaker 1>Okay, thank you for everyone for your questions. I think

821
00:53:47.760 --> 00:53:49.679
<v Speaker 1>we have time for one more. Sorry for not being

822
00:53:49.719 --> 00:53:51.440
<v Speaker 1>able to get to all of them. There's some really

823
00:53:51.480 --> 00:53:53.840
<v Speaker 1>good questions in here, but I'm going to ask herb

824
00:53:53.880 --> 00:53:56.480
<v Speaker 1>from Austin's because I think it's a good one to

825
00:53:56.519 --> 00:53:59.679
<v Speaker 1>close on center Eckhart, as controller, you'll be watching over

826
00:53:59.679 --> 00:54:03.119
<v Speaker 1>this of my precious tax dollars. Is there any particular

827
00:54:03.199 --> 00:54:06.039
<v Speaker 1>reason that I should trust you over your opponent to

828
00:54:06.079 --> 00:54:06.400
<v Speaker 1>do that.

829
00:54:08.320 --> 00:54:11.159
<v Speaker 2>You should trust me over my opponent because my opponent,

830
00:54:13.840 --> 00:54:16.320
<v Speaker 2>my opponent is a robber baron, and he hangs out

831
00:54:16.360 --> 00:54:18.880
<v Speaker 2>with robber barons. I mean, jeff yass has given the

832
00:54:18.920 --> 00:54:23.440
<v Speaker 2>man two million, I'm sorry, one million dollars in campaign contributions.

833
00:54:23.719 --> 00:54:27.039
<v Speaker 2>A million dollars in campaign contributions. I am not a

834
00:54:27.039 --> 00:54:29.719
<v Speaker 2>member of the Epstein class, y'all. I don't know the

835
00:54:29.840 --> 00:54:31.719
<v Speaker 2>kind of I don't run with the kind of people

836
00:54:31.760 --> 00:54:35.000
<v Speaker 2>who will give me a million dollar check. Jeff Yass

837
00:54:35.000 --> 00:54:38.079
<v Speaker 2>has given Greg Abbott ten million dollars. If y'all don't

838
00:54:38.119 --> 00:54:42.519
<v Speaker 2>know jeff Yass, he is the big proponent of SCHO

839
00:54:43.519 --> 00:54:47.760
<v Speaker 2>school vouchers all across the nation. So you can trust

840
00:54:47.840 --> 00:54:51.199
<v Speaker 2>me to follow the law and follow the money, irrespective

841
00:54:51.400 --> 00:54:54.880
<v Speaker 2>of what the robber barons want. I will not participate

842
00:54:54.960 --> 00:54:59.079
<v Speaker 2>in political retribution or political reward with your tax dollars.

843
00:54:59.599 --> 00:55:02.199
<v Speaker 1>Okay, well, I want to say thank you to everyone

844
00:55:02.239 --> 00:55:04.800
<v Speaker 1>who is here today. A big thanks particularly to our

845
00:55:04.840 --> 00:55:08.079
<v Speaker 1>members who help make events like this possible, and a

846
00:55:08.079 --> 00:55:10.400
<v Speaker 1>big thank you to you Center, Drackhard. It's been a

847
00:55:10.400 --> 00:55:11.079
<v Speaker 1>great conversation.

848
00:55:11.159 --> 00:55:14.239
<v Speaker 2>It's been a great conversation. Thank you, Matthew, and thank

849
00:55:14.280 --> 00:55:14.679
<v Speaker 2>you all.
