Your afternoon reading:

  • "No corporate money came to state legislative candidates in Texas in 2002 and because of that, former U.S. House Majority Leader Tom DeLay should be acquitted of felony money-laundering and conspiracy charges, his attorney said in closing arguments this morning." — DeLay attorney: No crime was committed, Postcards

New in The Texas Tribune:

  • "State finance people are not kicking out much information, but insiders think the budget shortfall next year will be in excess of $15 billion. Two-thirds of them think it'll be more than $20 billion." — Insiders on How the Budget Will Be Balanced

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