Greg Abbott Touts $4,000 Savings as Race Flips With Pollsters
Summary
Texas Governor Greg Abbott is promoting a plan to help families save money by cutting property taxes and lowering health insurance costs. Polls show his race against Democrat Gina Hinojosa is very close as they compete with different affordability proposals before the November election.Key Facts
- Abbott is running for a fourth term as Texas governor.
- His affordability plan aims to cut property taxes by up to 50%, saving homeowners about $3,000 per year.
- The plan also includes an Essential Health Benefits proposal to reduce insurance premiums by nearly 20%, potentially saving families $1,150 annually.
- Together, Abbott’s proposals could save some households more than $4,000 per year.
- Abbott’s property tax plan includes limits on local government spending and tougher rules for tax increases.
- Abbott signed laws increasing property tax exemptions for homeowners, seniors, and disabled people.
- Recent polls show a very close race, with Abbott and Hinojosa trading leads in different surveys.
- Hinojosa proposes giving Texas families a one-time $1,500 payment funded by the state’s Rainy Day Fund, plus other cost-cutting measures.
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