Gov. Greg Abbott
The future of Texas has by no means been brighter. As the Lone Star State breaks report after report for financial development and innovation, state leaders are offering the alternative, workforce, infrastructure, assets and freedom to ship the dream of a Texas-sized tomorrow.
Central Texas continues to draw international innovators. This spring, Tesla opened its billion-dollar Austin Gigafactory car manufacturing plant. Samsung is rising investments in the area with as much as 11 new semiconductor manufacturing services in Taylor and Austin with probably 10,000 new jobs created. Other outstanding relocations and expansions embrace Parus Holdings Inc., TFF Pharmaceuticals, Mondee, SEON, Yellowfin, and Google.
Texas is the new headquarter of headquarters. Our pro-business insurance policies have catapulted relocations of companies massive and small. Since I took workplace in 2015, greater than 260 companies have relocated their headquarter to Texas. As the world’s ninth-largest economic system, Texas has earned the title of Best State for Business for a record-breaking 18 years in a row. This extraordinary financial development places extra Texans on the path to prosperity via larger wages and unprecedented alternatives for development.
More Texans are working than ever earlier than. That alternative awaits anybody trying for it. We are dwelling to twenty p.c of the nation’s Hispanic enterprise homeowners, one in 10 Black enterprise homeowners, and 1.25 million ladies enterprise homeowners. In reality, Texas ranks amongst the high states for women-led startups.
Business leaders throughout the globe acknowledge the extremely expert, proficient workforce that makes Texas second to none. That workforce is bolstered with career-training packages such our Jobs and Education for Texans Grant Program that goes to public excessive faculties and group and technical faculties to arrange college students for high-demand careers in rising industries.
With per-student funding for public faculties now at an all-time excessive, younger Texans are on observe for extra promising futures than ever. Texas is number one in America for Blue Ribbon schools and Tier One research universities. We will mix that success with transformative academic reforms to make sure college students are able to efficiently enter the workforce or go to varsity. Importantly, we are going to guarantee mother and father stay the main determination makers of their little one’s training for the brightest future potential.
To meet the wants of our thriving state, we should construct infrastructure for the future. Whether it’s committing almost $10 billion in low-interest loans to communities for water provide tasks via the Statewide Water Implementation Fund for Texas, or the Governor’s Broadband Development Council working to deal with broadband entry in rural areas, the State of Texas is laying the basis for lasting progress.
In August, Texas adopted an unprecedented $85 billion, 10-year statewide roadway development plan to enhance security on our roadways and tackle congestion and rural connectivity throughout the state. The Texas Clear Lanes initiative is embarking on quite a few roadway tasks in the area, similar to the enlargement of I-35.
Texans should really feel protected of their communities. President Biden’s reckless border insurance policies jeopardize the safety of not solely Texas, however the whole nation. Since I launched Operation Lone Star in March 2021, the unprecedented border safety mission has led to greater than 336,000 migrant apprehensions, and the seizure of enough fentanyl to kill each man, girl, and little one in America.
Texas is aggressively combatting the lethal scourge of fentanyl poisonings, which is now the main reason for dying for Americans ages 18-45. I designated Mexican drug cartels that smuggle fentanyl as terrorist organizations and signed a legislation that makes it a felony to make or distribute fentanyl. And, this fall, the State of Texas launched a complete “One Pill Kills” marketing campaign to boost public consciousness of fentanyl’s lethal influence.
Texans’ famed ingenuity is main the struggle on this nationwide disaster. Researchers at the University of Houston have developed a groundbreaking fentanyl vaccine with the potential to save lots of tens of millions of lives. This upcoming session, lawmakers will think about further legal guidelines to guard Texans from lethal fentanyl pouring throughout our southern border.
As we enter 2023 with an unprecedented funds surplus, we should seize the alternative to offer Texans with desperately wanted property tax reduction. Recent property tax reforms laid the basis to assist overburdened property homeowners with their tax payments. I’ll work with lawmakers this session on the finest technique to offer the largest property tax reduce in Texas historical past.
Whether it’s financial alternative or insurance policies making certain our continued freedom and prosperity, Texas leads the nation. With the grit and willpower Texans are recognized for, we are going to proceed to confront any challenges that lay forward as our nice state continues upholding the American dream
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