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so yeah, it makes sense for Houston to do it on its own.
The Houston airport concession contract should be enough evidence that if these funds are allocated by a agency controlled by Houston politicians, they will absolutely be getting a cut. More than they are now. Also, get ready for more projects like planting crime fighting trees.
But outside of grift and reckless spending, the assumption that this is a good plan is only valid if the total money coming to the region remains the same and is itself allocated by population. As it is now, advocating for the Houston region is bipartisan and can be addressed on the regional basis. If Houston withdraws, I see less support from Troy Nehls, Randy Weber, Brian Babin, and Morgan Luttrell. Never mind what's coming out of Austin. I see the outcome as Houston getting the majority of a much smaller pie.