Gina Hinojosa Vows to Send $1500 to Every Texas Household
Summary
Texas Democratic candidate Gina Hinojosa has proposed sending a one-time payment of $1,500 to every Texas household using the state's large reserve fund if she is elected governor. Her Republican opponent, Governor Greg Abbott, favors tax cuts instead of direct payments, creating two different economic plans in the race.Key Facts
- Gina Hinojosa plans to give $1,500 to every Texas household as economic relief.
- The proposal would use about $17 billion from Texas’ Economic Stabilization Fund (rainy day fund).
- The fund currently holds around $24 billion to $27 billion.
- Spending from this fund requires approval by two-thirds of the Texas legislature, which is currently controlled by Republicans.
- Governor Greg Abbott is running for a fourth term and wants to focus on property tax cuts, not direct payments.
- Polls show Abbott leads Hinojosa by about 6 to 7 percentage points.
- Hinojosa calls her plan a “corruption tax refund,” saying Abbott favors corporations over residents.
- The payments aim to help Texans with rising living costs like groceries, gas, housing, and healthcare.
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