Texas gubernatorial candidate Gina Hinojosa proposes $1,500 refund for Texans

AUSTIN, Texas - Democratic gubernatorial candidate Gina Hinojosa proposed sending $1,500 payments to Texans in a social media video posted on Tuesday. 

Hinojosa argued that the state should use part of its multibillion-dollar surplus to provide direct financial relief instead of continuing to build reserves.

Hinojosa says Texans deserve $1,500

What they're saying:

In the post, Hinojosa accused Republican Gov. Greg Abbott of "hoarding billions in taxpayer dollars" while Texans struggle to afford basic expenses. She said that, as governor, she would "put that money where it belongs: with Texans."

In the video posted to social media July 7, Hinojosa said Texans struggling with the cost of living should receive direct payments if she is elected governor.

"My plan is to put $1,500 in your pocket, because if you cannot afford to live and thrive in Texas, then the American dream is out of reach," Hinojosa said.

Dig deeper:

Hinojosa goes on to say that Abbott has been "hoarding $27 billion of our money," which she said is "three times what we need in our state savings account." She argued that the money belongs to taxpayers and referred to her proposal as the "Greg Abbott Corruption Tax Refund."

"I know most politicians are all talk, but the money is there, it is ours," Hinojosa said.

Texas' multibillion dollar fund

Big picture view:

Hinojosa did not provide additional details in the video about how the payments would be funded or administered.

Texas maintains a multibillion-dollar Economic Stabilization Fund, as well as other budget surpluses, though spending those funds requires legislative approval.

Texas PoliticsEconomyGreg AbbottMoneyTexas