The Week in Texas Politics Recap: March 14 to March 18
No time to follow every twist and turn of the Texas Legislature? We've made it easier for you with our weekly recaps of the action under the dome.
Full StoryThe Rainy Day Fund is a savings fund that allows states to set aside excess revenue for use in times of unexpected revenue shortfall. It can plug holes in the budget, defend against an economic perfect storm and keep the deficit clouds at bay.
Using the fund itself isn’t particularly easy. If the comptroller says that revenue will decrease ...
No time to follow every twist and turn of the Texas Legislature? We've made it easier for you with our weekly recaps of the action under the dome.
Full StoryDoes tapping the Rainy Day Fund have 90 House votes to move on to the Senate — and how much will the process of getting there damage the even bigger task for lawmakers of setting the next biennium's budget?
Full StoryTexas House Appropriations committee approves use of 3.2 billion of rainy day fund for 2011 budget.
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Late Tuesday afternoon, the House Appropriations Committee voted 27-0 to move HB 275 to the floor. The substitute bill authorizes the state to draw down about $3.1 billion from the Rainy Day Fund.
Full StoryHouse Appropriations Chairman Jim Pitts, R-Waxahachie, thought he had a deal with Gov. Rick Perry and his staff to tap the Rainy Day Fund to close the current biennium shortfall. But with no public support from the governor's office, Pitts adjourned his hearing.
Full StoryNo time to follow every twist and turn of the Texas Legislature? We've made it easier for you with our weekly recaps of the action under the dome.
Full StoryThe Texas Tribune's rundown of capitol politics for the week of March 7-11, 2011.
Full StoryState Rep. Sylvester Turner, D-Houston, is concerned about budget cuts to a program that discounts utility bills for the elderly and those with low incomes.
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We're liveblogging the House Appropriations Committee hearing, where lawmakers are expected to consider whether to tap into the state's Rainy Day Fund.
Full StoryAt today's TribLive conversation, Speaker Joe Straus stopped short of supporting the tapping of the Rainy Day Fund to cover the current biennium's $4.3 billion deficit, but he left the door open.
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Many Texas lawmakers have forsworn taxes, but they also promised to educate kids, to build roads, to care for the needy and to do what government is expected to do. It’s the adult version of those mathematical story problems that made sixth grade so much fun.
Full StoryApproaches to budget cutting have divided lawmakers and their constituents, but as Erika Aguilar of KUT News reports, tension is brewing between two other worried groups: small and large businesses.
Full StoryAustin, TX. March 1, 2011 State Sen. Robert Deuell, R-Greenville, would rather raise taxes a little bit than make the cuts lawmakers are considering now.
Full StoryState Sen. Robert Deuell, R-Greenville, would rather raise taxes a little bit than make the cuts lawmakers are considering now, he told the Tribune this evening.
Full StoryA dozen protestors from disability rights group ADAPT gathered at Gov. Rick Perry's office this afternoon to block the entrances. Organizers say they wont leave until Perry pledges to oppose cuts to community services.
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Republican Rep. John Zerwas' suggestion that he'd get a "spanking" in his district if he cut education and health care to the bone but didn't touch the Rainy Day Fund has drawn the ire of one conservative activist group: Michael Quinn Sullivan's Empower Texans.
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At this morning's TribLive conversation about health care, state Rep. John Zerwas, R-Simonton, took a more aggressive position than most of his fellow Republicans on the subject of whether to tap the Rainy Day Fund and how much should be tapped.
Full StoryAt last Wednesday's TribLive conversation, first-term House members Stefani Carter, R-Dallas, Cindy Burkett, R-Mesquite, and Rodney Anderson, R-Grand Prairie, talked about whether the Legislature should dip into the Rainy Day Fund to reduce the size of the projected budget shortfall.
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Last Wednesday, I sat down with three first-term members of the Texas House — Stefani Carter, R-Dallas; Cindy Burkett, R-Mesquite; and Rodney Anderson, R-Grand Prairie — to talk about their first weeks in office.
Full StoryThe best of our best content from Feb. 14 to 18, 2011.
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Texas, like many other states, is proposing billions of dollars in cuts to help close a budget gap. But as Ben Philpott of KUT News and the Tribune reports, one thing Texas has that nobody else does is $9 billion in a piggy bank called the Rainy Day Fund — and lawmakers are divided over whether to crack it open.
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Texas, like many other states, is proposing billions of dollars in cuts to help close a budget gap. But as Ben Philpott of KUT News and the Tribune reports, one thing Texas has that nobody else does is $9 billion in a piggy bank called the Rainy Day Fund — and lawmakers are divided over whether to crack it open.
Full StoryGov. Rick Perry told lawmakers Tuesday he is against tapping the state's $9.4 billion Rainy Day Fund to close the budget shortfall: “That approach would not only postpone tough, necessary decisions."
Full StoryThe chairman of the House Public Education Committee on whether the Rainy Day Fund should be used, in part or in whole, to reduce the size of the budget shortfall.
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For our latest TribLive conversation, I sat down with the chairman of the House Public Education Committee to talk about the coming cuts to public ed: how big they're likely to be, the prospect of tens of thousands of teacher and non-instructional-staff layoffs and whether new revenue sources are on the table.
Full StoryMore money is not the answer to our current woes. Just as anyone managing a household budget knows, when a family’s expenses grow beyond its income, the solution is to cut back — particularly if its spending habits resemble the state's.
Full StoryWe need a balanced approach that uses our reserves and adds revenue. And we have to start by casting aside wishful thinking; we are writing the 2012-13 budget, with higher costs and increased enrollment in education and health care services — not some past budget.
Full StoryThe Texas Constitution says that money from the Rainy Day Fund can be spent to “prevent or eliminate a temporary cash deficiency in general revenue.” With the state facing a budget shortfall estimated somewhere between $15 billion and $27 billion, some say if it ain't raining now, it ain't ever going to.
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