Texas Governor Greg Abbott Announces Bid for Fourth Term, Outlines Property Tax Plan and Economic Vision
In a televised address from Houston, Texas Governor Greg Abbott announced his candidacy for re-election, touting the state's strong economy and his own policies as key reasons to support his campaign. The 72-year-old governor, who has been in office since 2015, said he is seeking a fourth term as governor after being elected three times.
Abbott touted Texas's thriving economy, which is the eighth largest in the world, and highlighted the state's dominance in electricity generation. He also claimed that the Texas economy is growing twice as fast as the US economy, citing this as evidence of his leadership.
As part of his announcement, Abbott outlined a sweeping property tax reform plan aimed at "rein in skyrocketing appraisals" and giving voters more control over local property taxes. The proposal includes eliminating school property taxes and requiring two-thirds voter approval for any future property tax hikes.
This comes just weeks after Texas voters approved constitutional amendments to reduce property taxes, which Abbott said would help level the playing field and prevent out-of-control local taxing authorities.
Trump Endorses Abbott's Bid
In a statement on Truth Social, President Trump endorsed Abbott's bid for re-election, praising his leadership and commitment to "Texas Values" such as economic growth, tax cuts, and border security.
Abbott has been a prominent figure in Texas politics for decades, serving as governor since 2015 and before that as Attorney General from 2002 to 2015. During his time in office, he has signed into law several notable bills, including the Texas Heartbeat Act and Operation Lone Star, a border security initiative.
Abbott's campaign will face stiff competition from Democratic candidates Andrew White and Gina Hinojosa, who are vying for the party's nomination to take on Abbott in 2026.
In a televised address from Houston, Texas Governor Greg Abbott announced his candidacy for re-election, touting the state's strong economy and his own policies as key reasons to support his campaign. The 72-year-old governor, who has been in office since 2015, said he is seeking a fourth term as governor after being elected three times.
Abbott touted Texas's thriving economy, which is the eighth largest in the world, and highlighted the state's dominance in electricity generation. He also claimed that the Texas economy is growing twice as fast as the US economy, citing this as evidence of his leadership.
As part of his announcement, Abbott outlined a sweeping property tax reform plan aimed at "rein in skyrocketing appraisals" and giving voters more control over local property taxes. The proposal includes eliminating school property taxes and requiring two-thirds voter approval for any future property tax hikes.
This comes just weeks after Texas voters approved constitutional amendments to reduce property taxes, which Abbott said would help level the playing field and prevent out-of-control local taxing authorities.
Trump Endorses Abbott's Bid
In a statement on Truth Social, President Trump endorsed Abbott's bid for re-election, praising his leadership and commitment to "Texas Values" such as economic growth, tax cuts, and border security.
Abbott has been a prominent figure in Texas politics for decades, serving as governor since 2015 and before that as Attorney General from 2002 to 2015. During his time in office, he has signed into law several notable bills, including the Texas Heartbeat Act and Operation Lone Star, a border security initiative.
Abbott's campaign will face stiff competition from Democratic candidates Andrew White and Gina Hinojosa, who are vying for the party's nomination to take on Abbott in 2026.