Senate Panel Approves $176.5 Billion Budget
A $176.5 billion budget for the 2012-13 biennium — 5.9 percent smaller than the current budget but almost $12 billion larger than the version passed earlier by the House — won approval from the Senate Finance Committee Thursday morning and will come to a full Senate vote after the Easter break.
And, unlike the House version, the Senate would use up to $3.1 billion from the Rainy Day Fund.
The vote was 11-4, with Sens. Eddie Lucio Jr. of Brownsville, Dan Patrick of Houston, John Whitmire of Houston and Judith Zaffirini of Laredo voting against it. All but Patrick ...

Comments (1)
Brett Baldwin
Lousy article. Doesn't explain where the revenue/taxes will come from to pay for the $12 BILLION dollar difference with the House budget. Is it a miracle or just magic?