Aman Batheja Reporter

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As Oil Prices Plunge, Texas Eyes Are on Hegar

Glenn Hegar (far right) stands with chief revenue estimators past and future. From left: Dale Craymer, Billy Hamilton and Tom Currah, the incoming estimator.
Glenn Hegar (far right) stands with chief revenue estimators past and future. From left: Dale Craymer, Billy Hamilton and Tom Currah, the incoming estimator.

Incoming Comptroller Glenn Hegar is on the hot seat as a nosedive in crude oil prices – and the increasingly gloomy forecasts that have followed – cast a pall over the next legislative session. 

Tighter Spending Cap May Keep Billions Out of Budget

Lt. Gov. David Dewhurst (right) and House Speaker Joe Straus listened to testimony on the cost of the continuing border surge during the Legislative Budget Board hearing's on Dec.1, 2014.
Lt. Gov. David Dewhurst (right) and House Speaker Joe Straus listened to testimony on the cost of the continuing border surge during the Legislative Budget Board hearing's on Dec.1, 2014.

Depending on your political leanings, the spending cap state lawmakers set this week was either too low, too high or just right. Regardless, the arcane measure could effectively block lawmakers from accessing billions of dollars in state revenue.

Reaction to Train Plan Less Rosy in Rural Texas

Japan Central's N700 high speed train, the same train that a private firm wants to bring to Texas.
Japan Central's N700 high speed train, the same train that a private firm wants to bring to Texas.

A private company's plan to spend billions of dollars to develop a bullet train connecting Dallas and Houston has drawn strong support from the two cities. But reaction from communities along the 240-mile route has been mixed.