TEXAS DEM GOVERNOR’S ELECTRICITY RATE FREEZE COULD BACKFIRE

TEXAS DEM GOVERNOR’S ELECTRICITY RATE FREEZE COULD BACKFIRE
Heritage Foundation’s Allen Mendenhall says the new Democratic governor’s plan to freeze electricity rates may sound good politically — but could ultimately leave Texans paying more.
“Existing customers are going to gradually end up paying more, and that's just how economics works.”
He says Democrats are once again selling “affordability” through policies that may create bigger problems down the road.
Mendenhall also points to stronger jobs numbers, lower inflation than the Biden-era peak, and continued U.S. energy strength as signs the broader economy remains resilient.
“The United States… has remained resilient.