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National Treasure

Texas lawmakers have vowed to cut their way to a balanced budget, in the face of a shortfall that could be as high as $25 billion. But their task pales compared to the federal government, which ran a deficit of almost $ 1.3 trillion last fiscal year. As KUT’s Matt Largey reports, a lot's at stake for Austin when the next Congress gets down to business on the next federal budget.

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Texas lawmakers have vowed to cut their way to a balanced budget, in the face of a shortfall that could be as high as $25 billion. But their task pales compared to the federal government, which ran a deficit of almost $ 1.3 trillion last fiscal year. As KUT’s Matt Largey reports, a lot's at stake for Austin when the next Congress gets down to business on the next federal budget.

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